Simply not true aurifice, I believe there were several seriously...

Simply not true aurifice, I believe there were several seriously big offers on the table. AUL has decided to go it alone on the advice of several industry experts and on the ground management and staff. With increasingly sustainable production from McNallys, it's hopefully a wise decision.

"One of the better prospects is the Loch Fyne which lies within the Melbourne Water Catchment and MCO managed to secure a trial mining permit after much effort only for it to be allowed to lapse by Mantle Mining. It’s unlikely that that could be revisited given the tightening of environmental reqrements."

This statement is also not entirely correct, Loch Fyne may still be accessed from the Woods Point side of the range, and yes would obviously need to adhere to environmental regulations as would any prospective development that occurs in the area.