You seem to be correct Sculpin about the cash on hand. The Calgary meeting was March 25, 2012.

From the Financials:

Feb 29, 2012 Cash & Cash Equiv = approx $5.4 Million

May 31, 2012 Cash & Cash Equiv = approx $3.5 Million

So, if you were to extrapolate, basically over 92 days there was a burn of approx $1.9 Million, which is over $20,000 per day (yes, per day!) you could say approx on March 25, 2012 there would be approx $4.8 Million

BUT, during the Calgary audio @ the 1:10.54 mark, I heard the following:

"And we've got $9 Million in the treasury right now"

So, which is it?