CXY cougar energy limited

For anyone else (like me) who didnt know much about the 'MDL'...

  1. 143 Posts.
    lightbulb Created with Sketch. 4
    For anyone else (like me) who didnt know much about the 'MDL' they refer to in the announcement (that we secured in November 2012 for Wandoan):

    "Applying for or renewing a mineral development licence
    In this guide:
    1.Advanced exploration activities after a resource discovery
    2.Applying for or renewing a mineral development licence
    3.Declaring a petroleum potential commercial area
    4.Declaring a potential geothermal commercial area
    5.Declaring a potential greenhouse gas storage area
    Print entire guideA mineral development licence (MDL) allows you to carry out further studies of a resource and to assess the development potential of a site, once you have discovered that minerals or coal exist on your permit area.

    In addition to activities allowed under exploration permits for coal or minerals, you can:

    •conduct feasibility studies, metallurgical testing and environmental studies
    •carry out engineering design studies
    •raise capital for investment and conduct marketing studies.
    "
    http://www.business.qld.gov.au/industry/mining/applying-for-mining-resource-permits/applying-for-holding-permit/mineral-development-licence
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.