Ann: Spin out of non-core gold assets, page-12

Ha yes ! Very droll and I can understand the cynicism, but this might just be a logical outcome that reflects the new reality of a post Covid world. Not making any assumptions or recomendations about the division of the assets and how they are funded in the future.

Seems logistically sensible to me to have WA management take care of PUA and concentrate on their copper exploration in WA, and have a separate Vertex with all their management based on the East Coast of Australia to take care of gold exploration in NSW. Seems like a logical division of commodities and management to me, after all its not exactly easy or even possible to have Perth based management do anything except within WA at the moment anyway.... it may look at bit "lifestyle-y" but all the state border restrictions and international borders closed makes anything else impractical at the moment.