ryana, Chalco along with 10 other bidders were involved in trying to get the Aurukun lease - they didn't all do drilling beforehand to establish if there was a resource.
The Qld Govt has done that, and come up with 650Mt estimate. It is expected, once they get started they will come up with more. MKY's EPM17836 was part of that mapping, the way I read ann, so someone would have a fair idea of what it contains. Expect that will be revealed soon.
MKY Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held