CAY 3.23% 15.0¢ canyon resources limited

Ann: Canyon commences drilling at Minim Martap, page-77

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  1. 654 Posts.
    lightbulb Created with Sketch. 142
    are you serious?!? what is the relevance of transport to a bauxite deposit? anyone who works in bulk commodities will tell that after the resource, mining is effectively a transport play.


    the best deposit in the world will not be mined if the cost of getting it to your customers is higher than the value of the product.


    personally i am thankful that people like @ozbucheron do the work they do and bring some objectivity to the discussion - that is the sort of information that is worth paying for and he/she is offering it up for free. dyor, but i'm happy with the logic behind the posts.

     
 
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