Ann: Multiple Mineralised Outcrops Across Moroccan Licences, page-34

Given CLY is an early stage cobalt play I think it has some real potential to go 3-4 times current MC with a positive drill result showing cobalt is actually in the ground.

To compare, look at WFE with current MC of $48.45m and all they have is a 'prospective tenement for cobalt and silver' in Canada and a bunch of hype about a possible acquisition in DRC, of which there is no indication of size, scale, prospectivity etc.

I was looking at WFE but considered the market has likely already priced in the next acquisition as the Canada prospect is not worth $48m.

I thought that CLY has greater potential at this time given the proximity to the major cobalt mine in Morocco, which is a jurisdiction that is traditionally more stable than the DRC.