Quoting from AERIS Resources (AIS) Annual Report 2016 today:
"After the end of the financial year the Company announced that the Federal Court had dismissed certain Native Title applications over Lake Torrens. This is a very exciting development and in the coming year it is proposed that an application will be made for authorisation to drill the Torrens anomaly."
"very exciting" ??? Makes you wonder why wait until next year though!
Torrens potential, page-6
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