The capital required to convert good drill results into...

The capital required to convert good drill results into production is so high that drill results by themselves offer little in terms of SP rises. I personally don't feel comfortable that we have an actual plan to get any of our projects into production. I get that there's the JV and it's a joint decision but where's the road-map to production? How long do we have to wait to turn a profit and where will it be? How much cash is required? Perhaps that's what's missing - the plan moving forward.