Ann: Quarterly Cashflow Report, page-169

@vintage I don't think any of us believe that SK is going to throw cash around out of the kindness of their hearts.

That 80m going to AUZ benefits them just as much as us, for several aforementioned reasons. It is an investment, not cash thrown away. We know as a FACT from a very recent announcement that they still remain very much committed and really want our product.

I would argue that giving 40m instead of 80m would be throwing cash away since you would rather pay 80m and have the mine built than 40m and find out the project needs to be delayed due to insufficient funds to progress things.

Sometimes you have to spend money to make money. I would hazard a guess they did not exercise the original option because they want a true 19.99% after bergen and to see the new drilling results, which from what we've seen a little of...they're very positive!