For anyone else (like me) who didnt know much about the 'MDL' they refer to in the announcement (that we secured in November 2012 for Wandoan):
"Applying for or renewing a mineral development licence In this guide: 1.Advanced exploration activities after a resource discovery 2.Applying for or renewing a mineral development licence 3.Declaring a petroleum potential commercial area 4.Declaring a potential geothermal commercial area 5.Declaring a potential greenhouse gas storage area Print entire guideA mineral development licence (MDL) allows you to carry out further studies of a resource and to assess the development potential of a site, once you have discovered that minerals or coal exist on your permit area.
In addition to activities allowed under exploration permits for coal or minerals, you can:
•conduct feasibility studies, metallurgical testing and environmental studies •carry out engineering design studies •raise capital for investment and conduct marketing studies. " http://www.business.qld.gov.au/industry/mining/applying-for-mining-resource-permits/applying-for-holding-permit/mineral-development-licence
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