FMG have only pegged it not bought it, and will carry the cost in the many millions of dollars per annum for holding that enormous number of tenements. Twiggy has got plenty of money but I don’t think he’s prone to pouring it down the drain for nothing. I also don’t think he’s combative on development when it comes to hydrogen, and likely sees room for many developers in this space. All imo. I guess time will tell when it comes to his intentions with the surrounding land tenements and with PRL itself, it’s still anyone’s guess.
From memory PRL has 2,200+ sq kms of tenure so I don’t think we’ll be running out of land anytime soon.
What interests me more at the moment is why two new applications for tenements have been made in what looks like a personal capacity by (our chief operating officer) Tom Langley relating to land adjacent. I am hoping these applications are in fact PRL’s and it’s merely an oversight that they’ve put his name on the applications and not the company name. Because it would otherwise seem to me to be a substantial conflict of interest if he’s personally seeking tenements now in a location that is likely going to be required for our site or support services.
Light blue tenements are those granted to PRL/Ozexco. The small dark blue tenements (circled) are applications made on 18 August in Tom’s name, as per the notation you can see on screen at the bottom:
(20min delay)