Ann: Lake Mackay Project Update, page-4

I'm sure that MR thought about this for a while, but i think he has made the right decision.

Given the corporate body representing the Tjamu Tjamu tribe, the CDNTS have not approved ANY projects whatsoever, whichever company looks to take up the tenements runs the risk the project may never get up and running.

While Lake Mackay was worth considering as a project amongst the two that we had JORC for, look at the map and see how remote Lake Mackay is. I'm not sure about the transport options here, but most likely it would be a trucking operation.

http://tinyurl.com/l6op25v

As for a competitor, we have one adjacent to us at Karly, so the threat of a competition at Lake Mackay is not the most immediate of concerns.

That said, i do share your frustrations, in that money was spent to go nowhere for quite sometime.