MHL was obviously happy with the results of the gravity survey or else they would not have deemed it necessary to spend money in getting professionals to analyse them.
• The Company has finished its internal interpretation of the Gravity Survey data and has commissioned the independent group SRK for further analysis as part of its commitment to technical excellence.
Also,
• The Company is continuing its development of near term production opportunities in known petroleum basins and in areas where it has competitive advantage and technical competencies.
Perhaps they have another deal up their sleeve in which to help build some capital.
Here's hoping.
Uranium? Very disappointing progress. Perhaps it WOULD be better off to sell of those tennements and focus on oil.
MHL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
