A traditional owner confirms the mining magnate's Hancock Prospecting has abandoned its plans for a 'world-class, year-round beach club, sandy bars and shopping'.
"But the business of having to deal with a large company like that, even if it did go ahead, it's something where Woppaburra still have to try and negotiate and probably fight for anything and everything to try and get an input or say in what's happening on our country."
A master plan, proposed by Tower Holdings, was approved in 2012 spruiking a major development featuring a casino, marina, accommodation, shops and a golf course. Part of the old resort was then demolished in 2018, before more companies tried unsuccessfully to purchase the lease.Uncle Bob said development on the island was "a two-edged sword".
The Woppaburra people were formally recognised as native title holders of the renowned holiday isle in December .