Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-44

You may well be right.

Certainly it is history that SKL did not put any money up in the end and withdrew.

With LGE, the jury is still out, they still have their original offtake in place having extended it, AUZ have stated they are in ongoing discussions with LGE re a collaborative relationship which presumably as of last week with the information releases is still the case. We know that LG have entered into equity positions with other companies. Clearly time will tell if the discussions AUZ have stated they are having with LG bear fruit.

In terms of the Admin/Staff spend I agree with you it is substantial.