Firstly they spent $3.2M on exploration not $5M with no significant results.
Secondly they earned $2.3M on interest for full Q1 so that yield low 1% per Q or 4% per annum or $760,000 per month.
Finally they spent $3.67M on administration in the last Q which is huge if you compare with estimated cash outflow for next Q for admin of only $750,000.
