Maybe instead of deriding people who are asking legitimate questions with childish made up acronyms you could just answer why the company is forecasting a spend of only $260k during the current quarter. It doesn't seem very much to progress any mining or exploration project when you consider staff and admin costs of $100k are also forecast to come from this amount.
The question is not if money will be a problem, more....... why aren't they spending an adequate amount of money and why are they reducing forecast quarterly expenditure from $583k to $260k (with only $160k allocated for exploration and evaluation)? When is the money going to come to back all these claims?
And by the way you state
"Possibly the group I now refer to as the negative innuendo crowd are feeling a little foolish for missing out on the early recognition of the potential of this resource."
Technically there is no resource and there is unlikely to ever be a JORC resource until they can come up with an acceptable assay scheme. Esh
BBX Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
