Also, on page 44 of the Annual Financial Report they state the following;
Contingencies
Santy Well Tenements
On 4 August the Department of Mines and Petroleum forfeited the Santy Well tenements (EL 59/1677 and EL 59/1678). Legal proceedings have been initiated by Cohiba Minerals Limited (ASX: CHK) in the District Court of Western Australia in relation to the Santy Well tenements in which CHK claim damages plus interest and costs in the amount of approximately $125,000. The Company has lodged a counterclaim of approximately $44,000. As the outcome of this action is not certain, no amounts have been provided for in the financial statements.
