I suspect we don’t hear much about progress because it is...

I suspect we don’t hear much about progress because it is commercially confidential.

If you were starting a new business then you’d probably keep the details secret until it was ready to go and even then you keep a lot of confidential stuff well confidential. Imagine if Mark Zuckerberg went and broadcasted the nitty gritty details of his plans for Facebook just to keep his shareholders happy before actually launching the site. They’d be a thousand competitors and copycats before it even started and undercutting any advertising fees or customers they hoped to gain.

I gather the market will be informed of more detail about Alterras plans when the board considers it appropriate.