Actually its a $40M drop in cash over 9 months not over just 1 quarter, still a big bag of coin if you ask me.

For 9 Months ending Sep 30 2009 (A$);

$16M - Exploration Expenditures

$ 7M - Admin expenses

$ 3M - Stock based Comp

$ 1M - Misc

$27M - Total OPEX

$ 6M - Investments

$33M in total cash outlay over the past 9 months....plus a $4M hit from currency losses and some other smaller items. This drop comes even after we recorded $3M in interest income for the 9 months. I still beleive in the potential here but big Joe is going to have to show us some progress real soon.