Ann: Tibooburra Gold Project Corporate Presentation, page-5

I agree Piglett. The Tibooburra Gold Project does look very interesting and may be an excellent pick up by MHC. The historical drill results are very encouraging. An intercept of 26m @ 4.55g/t from 8m is nothing to be sneezed at and this is one of a number of high grade intercepts that are relatively shallow.
MHC are staying that their first drill program at this project should commence in early 2020. MHC has a market cap of around $5M so there is excellent upside to this.
I've had MHC on my watch list for a little while now and as of this list week am a holder now. Happy to get in at the cap raise price to purchase the Tibooburra Gold Project and now looking forward to exploration commencement. They already have a number of targets to drill.
I can't answer your questions listed for the most part. In regard to MHC management though, I don't know any of them well, however they seem to have some good experience at hand and they seemed to have negotiated a very good deal on this project. Also seem to have some good experience coming onto the board also.