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
For anyone else (like me) who didnt know much about the 'MDL'...
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