From todays Quarterly Report -
PEL115 - MHL anticipates road work and well testing to occur in the near term.
PEL110 - MHL expects future field work to be discussed by the JV participants in the near term.
Kyrgyz Republic Oil & Gas Projects - MHL anticipates contractual negotitions for the current 3 x Licences to commence in Spring. MHL continues to seek a partner for these projects.
Uranium JV - RAI continues to drill to determine strike limits and define a JORC compliant resource.
New Projects and Opportunities - MHL continues to seek and evaluate new opportunities.
Substantial Shareholder - Cape Lambert (CFE) will continue to support MHL for immediate cashflow requirements and provide funds for any additional projects.
Guess we have to wait ?near term? for anything. Hopefully ?near term? will equate to meaning in the next quarter.
From todays Quarterly Report -PEL115 - MHL anticipates road work...
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