Share
29 Posts.
lightbulb Created with Sketch. 8
clock Created with Sketch. 14/11/17
04:08
Share
Originally posted by Joe Dohn
↑
Lol, Cortexlux. Yes, CLY was my first thought with the mention of Leogang. I can't really make sense of the Austrian geographical coordinates as listed by QNL and CLY. From what I can see by comparison of the Quest map (Map 3), CLY maps and Google it appears that QNL has got the historical mines at both Leogang and Nockelberg as well as most of the mineralised outcrops.Clancy continues to hold priority interests in 172 licences covering approximately 68 km2 at Leogang. This includes the areas around, but not immediately surrounding, the historical mines and extensions through the dolomite which was the target mineralisation for the original applications. As a result, the Board will continue to explore the potential of the Leogang Project as planned with the view of identifying a new cobalt mining precinct in the heart of Europe and on the doorstep of the battery and renewable technology sectors.
Expand
Thanks Joe for your detailed answer. I am rallying to your conclusion regarding the QNL vs CLY licence. Under these circumstances , I would not worry too much about the dilution. With thoses very junior stock it is a price to accept.
