The Australian has found a 92 year old ex-Kormoran officer, Reinhardt von Malapert, living in Chile. He has offered to help locate the Sydney's resting place. A consortium including David Mearns, described by the paper as "the world's leading shipwreck hunter", and a non-profit organisation HMAS Sydney Search Pty Ltd, is seeking additional funding to proceed with the search. They have already received $2m support from the Federal, WA and NSW governments but, according to another report (not online) on p5, need an unspecified additional amount.
Rumours about the fate of the Sydney's crew (as opposed to the ship itself) have abounded for years. While locating the wreck may not answer all the questions, it may fill in a few more pieces of the jigsaw. I therefore support the search for the Sydney's wreck. I'd even be prepared to make a modest donation to HMAS Sydney Search Inc if they contacted me.