Ann: Quarterly Activities Report & 5B to 30 June 2018, page-10

I don't think the quality of the SK assets is in question, however the requirement for new funds is the main issue for me. Our holding costs in WA can't be cheap, on top of which the general lack of news flow suggests that we aren't doing much. FWIW I reckon we need between 3 & 5mill to accelerate SK in the short term. Problem with that amount is that unless it's a JV there will be a serious amount of dilution for existing SH Mid term? Flog off WA & move to SK