CAY

0.00%

15.5¢ canyon resources limited

Is CAY headed for your $1B MC?, page-13

First 13 Last

Share
Profile

Follow
yabster

58 Posts.

11

07/11/18

07:27

Post #: 36411423
Share

Originally posted by damosid88 ↑

Think you'll find the difference between Canyon and the pure exploration , hit and hope ones you mention above is that CAY already have a ready made resource that is growing and ready for a PFS in coming months versus the others that are still very much pure exploration plays. Not discounting sovereign risk but it will be up to Canyon management to deliver up either a takeover opportunity for a bigger player or themselves build and operate a world class tier one bauxite deposit that may be one of the best on the planet imo. While Cameroon certainly has its challenges, the Cameroon Govt have a pretty good track record of picking and sticking with companies that get granted licences. SDL stuffed up of their own doing some years ago but they still own all the licences and mining conventions originally granted to them by the Cameroon Govt from nearly a decade ago (and Cameroon Govt has extended these several times despite SDL being on life support for years). Cameroon realises it is now or never to get these world class deposits mined and bring much needed $$ into its economy. Check out the new port and infrastructure they are building.

Expand

I agree they are different- as I said in my post- just saying the Tolga hype last year in many stocks was way overdone.

Last edited by yabster: 07/11/18

CAY Price at posting: 21.5¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

BDM

BENZ Mining jumps +17% as it snatches up WA gold projects from Spartan Res

RBA holds rates as ALP election campaigning kicks off – expect more political focus

Freedom Care Group reveals NDIS wants to ban it providing program services

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 3 more messages in this thread...

First 13 Last

Add CAY (ASX) to my watchlist

(20min delay)
Last 15.5¢		Change 0.000(0.00%)		Mkt cap ! $127.2M

Open	High	Low	Value	Volume
16.0¢	16.0¢	15.5¢	$2.775K	17.5K

Buyers (Bids)

No.	Vol.	Price($)
5	396563	15.0¢

Sellers (Offers)

Price($)	Vol.	No.
16.0¢	1017598	11

View Market Depth

No.	Vol.	Price($)
8	4366729	0.080
3	5025316	0.079
3	3750000	0.076
2	45000	0.070
1	40000	0.067

Price($)	Vol.	No.
0.083	150000	2
0.084	345680	4
0.085	364900	4
0.086	430000	2
0.087	230000	1

Last trade - 10.54am 06/11/2024 (20 minute delay)

CAY (ASX) Chart

Is CAY headed for your $1B MC?, page-13

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

BENZ Mining jumps +17% as it snatches up WA gold projects from Spartan Res

RBA holds rates as ALP election campaigning kicks off – expect more political focus

Freedom Care Group reveals NDIS wants to ban it providing program services

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Is CAY headed for your $1B MC?, page-13

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

BENZ Mining jumps +17% as it snatches up WA gold projects from Spartan Res

RBA holds rates as ALP election campaigning kicks off – expect more political focus

Freedom Care Group reveals NDIS wants to ban it providing program services

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News