CAY 0.00% 15.5¢ canyon resources limited

Ann: Canyon commences drilling at Minim Martap, page-102

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,938 Posts.
    lightbulb Created with Sketch. 1610
    Oz,

    The resource will grow in both grade and quantity.  Even though it is currently more than econonomic for a 10 million tonnes per year operation. It's all very clear from company reports.

    Only 30% of plateax explored and previous parties were trying to build an alumina refinery, not build a resource for a bauxite export operation. Their focus was do enough drilling to prove that concept....just couldn't pull off the billions required for the investment.
    All out there in the public domain.  

    In the meantime, I'm looking forward to seeing what comes out of Indaba and mindful that the PFS is due end of Q1 give or take.
 
watchlist Created with Sketch. 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
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 12500 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 5000 1
View Market Depth
Last trade - 07.32am 06/11/2024 (20 minute delay) ?
CAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.