  We report the discovery, from the HI Parkes All-Sky Survey (HIPASS), of an
isolated cloud of neutral hydrogen which we believe to be extragalactic. The HI
mass of the cloud (HIPASS J1712-64) is very low, 1.7 x 10^7 Msun, using an
estimated distance of ~3.2 Mpc. Most significantly, we have found no optical
companion to this object to very faint limits (mu(B)~ 27 mag arcsec^-2). HIPASS
J1712-64 appears to be a binary system similar to, but much less massive than,
HI 1225+01 (the Virgo HI Cloud) and has a size of at least 15 kpc. The mean
velocity dispersion, measured with the Australia Telescope Compact Array
(ATCA), is only 4 km/s for the main component and because of the weak or
non-existent star-formation, possibly reflects the thermal linewidth (T<2000 K)
rather than bulk motion or turbulence. The peak column density for HIPASS
J1712-64, from the combined Parkes and ATCA data, is only 3.5 x 10^19 cm^-2,
which is estimated to be a factor of two below the critical threshold for star
formation. Apart from its significantly higher velocity, the properties of
HIPASS J1712-64 are similar to the recently recognised class of Compact High
Velocity Clouds. We therefore consider the evidence for a Local Group or
Galactic origin, although a more plausible alternative is that HIPASS J1712-64
was ejected from the interacting Magellanic Cloud/Galaxy system at
perigalacticon ~ 2 x 10^8 yr ago.
