When times are tough in the resources sector and you're cashed up, why not take advantage of an opportunity, especially when it's in your own backyard?
SW did say that the board will look at other opportunities in the diamond space, should they come our way.
Around 15 years ago I recall having a conversation with Kevin Hart, former company secretary of Striker Resources which changed its name to North Australian Diamonds and now Merlin Diamonds, where he said that he had the opportunity to acquire Ellendale 9 pipe for a small cash consideration, but decided to let it slip. He said it was a decision he lived to regret.
I'll see if I can dig up some historical data on the Brooking Diamond Project which will involve digging deep into the WA DMP digital database records.
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