CAY 3.23% 15.0¢ canyon resources limited

CAY potentials and spreadsheet, page-35

  1. 7,938 Posts.
    lightbulb Created with Sketch. 1610
    There certainly is.
    This company has just secured a tier one resource. I'm arguing it should already be much higher!

    What do people want to see before they realise the possibilities? JORC is older 2005 but that will be changed in time. The company suggested soon in their last ASX release. Then a PFS/BFS which will require a modest effort compared to some projects because of the remove ore from surface and ship to paying customers approach.

    No processing required, not processing plant expense, no processing plant build time required either. If there had been press coverage last week it's possible this could have jumped 50c on day one. Instead it's leaking out slowly and we get to buy up. I think it has a lot further to go and at speed as more find out about it. The late comers will pay more IMO. I'm not complaining

    PS for disclosure purposes, I have a good chunk now but I am a bit more diversified than I was in the AVB days. Keep in mind that DYOR should be a given. Happy to bring things to peoples attention but you have to tick your own boxes. (Not all my picks are up this week )
 
watchlist Created with Sketch. Add CAY (ASX) to my watchlist
(20min delay)
Last
15.0¢
Change
-0.005(3.23%)
Mkt cap ! $127.2M
Open High Low Value Volume
16.0¢ 16.0¢ 15.0¢ $67.23K 446.3K

Buyers (Bids)

No. Vol. Price($)
4 191931 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 1512 1
View Market Depth
Last trade - 15.37pm 06/11/2024 (20 minute delay) ?
CAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.