Ann: DUG signs option to lease land in Geraldton, page-5

My guess is they seem to be gearing up for a two-pronged approach at FMG, BHP, or Rio Tinto AND/OR the wheatstone Oil Majors;

• Geraldton is approximately halfway between Pilbara/Wheatstone and their HQ's;
• Two of these companies half the largest downhole programs in the world, and both are gearing up for monument-ous drilling programs on the back of extreme iron ore prices;
• All three companies are gearing up their renewable research with extreme emphasis on Hydrogen (publically shown by FMG);
• DUG recently released Hydrogen Battery patent and are green energy focus;
• It is clearly a prime location for many renewable technologies (solar, wind, wave etc);
• DUG was especially cautious with engaging traditional owners, especially after Juukan (this is a huge up-vote from me).

Thoughts?

Also, what are we expecting on their HPCaaS revenue growth this EOFY?