Both good points...to answer my dumb query!!.....i was thinking if the possibility of these latest drill holes coming up good-great flow rates etc.....which company will know about it first!....MHL wouldnt really be that much of a outlay to buy up....then they practically own all of the well!!....and also the rights to Kyrgakistan OIL feilds and the Uranium as well.....be a good buy for them!.....although im sure Cape Lambert will be keeping a eye on flow results from the wells etc as well.....theyre all loaded ready to buy(from recent sale of one of their mines near Mt ISA region).....also overseas oportunities must be playing on every Aussie companies minds at this present time...to avoid the mining tax issue that may comes in the future......and guess whos got decent O/S tenements to their name?
MHL Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held