On Sept 17 (2 months away), we will be 1 year into the first two...

On Sept 17 (2 months away), we will be 1 year into the first two year period of the DGR  Ugandan Oil foray,
Kanywataba Block, (in assoc with AJQ) .

The first "2 year"  expenses are reported to cost DGR,  and, equate to $4 389 321 AU.

I expect, based on loose interpretation of 2017 Financials, this has been covered by the $8 million AU forward in lieu of convertible notes by Tribeca.
NB:  these CNs have been are issued with a strike price of 20cps.

I am interested in this because

1, Absolutely no progress has been reported by DGR.

2, The ASX ann dated  14 Sept 17 stated that negotiations with the government of Uganda "should " enable an exploration licence for the kanywataba block
- confirmation of this exploration licence is yet to be declared to the market.

3, Based on the financials, DGR ( Shareholders - you and I ), have made a substantial investment in the Kanyatanabe block - other than that , where have the Tribeca millions gone ?

I believe, given it is our funding  being spent, we have authority to request better explanation in what is happening here.

Can anyone enlighten me? , (a novice accountant and avid DGR observer),  what is going on?