quarterly released

What an exciting quarterly report, not a thing achieved except Newcrest withdrawn from project, "still" awaiting mpsa approval, how many years is that now???? and down to approx $600,000 in cash.
Plenty of their very limited cash down the drain on exploration and admin though, god knows what it was spent on as there has been stuff all exploration and what on earth would they need admin for??? they haven't achieved one iota in the past quarter!!!
PEL IS STUFFED!!! and so is my and all other shareholders investment.