The reason why is precisely what Smite said. Drilling is expensive. Running the pilot plant, sorting out the assays and other matters are not expensive. We've got ~3500m to assay so no need to drill.
If BBX need money they'll get it because the winnings are going to be astronomical. Give up mate. You've got no idea.
BBX Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held