Yes since the definition of cash burn means "The rate at which a new company uses up its cash resources or capital before producing a positive cash flow", I reckon it would include both opex and capex. So all expenditures, including development cost, admin and interest, exploration and evaluation etc. would have been included.
Thanks for pointing me towards what to look at guys.
I went back to check the last detailed quarterly cash flow report and summed up all expenses over the last quarter (http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01402489)
And worked out that for the last quarter, the total cash out-flow was $14,621,000. Which worked out to be around $4.87m / month.
I think this is the cash burn CCU is running with at the moment.
CCU Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held