I read that the Queensland government has yesterday opened up more land for exploration (https://www.abc.net.au/news/2020-05-07/queensland-coal-and-gas-exploration-coronavirus/12220636).
My Prediction
- At some point in the near future when directors McCaul & Mckay account for how they've been spending shareholder funds, there will be plenty of talk about the Mahalo North could/might/maybe/has potential for/option to etc... Project
- They will talk in vague terms about the potential for this new land near Mahalo / Mahalo North and how this could/might/has the potential to add critical mass to the Mahalo / Mahalo North Project
- There will be very little detail on any plan to actually develop Mahalo / Mahalo North
- There will be very little detail on any plan to complete works at Albany
I could be wrong!
I read that the Queensland government has yesterday opened up...
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