I said we are OK until 2017 with the cash on hand. "Years to come" comment was based on selling VD after PEA is done. Don't try to take my words out of context and spin them to suit your claims.

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We have 900k in excess of our committments to this time next year.

900k is only 63% of what we need for 2017.

And when have they ever not spent on anything new (exploration/PP/aquisition) for a full year?

They would have to toe the line on all commitments stated and no new spending for an entire year to even have 63% of 2017 covered.

Based on past performance, do you think this is likely - or do you think Elmer will find a new home for that 900k excess during the next year? I hope he can find restraint, but I personally find that pretty unikely.

Is that 550k going to keep Carmax going for a full year? Look at the rate we have been sending cash there.