CAY 8.20% 16.5¢ canyon resources limited

This article came as part of my lunchtime email from *....

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    This article came as part of my lunchtime email from *. Interesting indeed

    "Junior bauxite explorer Canyon Resources has tapped well-known mining entrepreneur Tolga Kumova to help with the development of its Minim Martap project in Cameroon.
    Canyon (ASX:CAY) told investors this morning that it had appointed Mr Kumova has a strategic advisor.
    The news moved shares up 2 per cent to 22c on Tuesday morning.
    Mr Kumova is the man best known as former managing director and founding shareholder of Syrah Resources (ASX:SYR), overseeing the company from a tiddler through to a top 200 ASX-listed mining company.
    Syrah has an operational graphite mine in Mozambique. Mr Kumova led the company from resource-stage through to full funding through to development.
    He has raised more than $500 million for his ASX-listed mining ventures, most of which had projects in Africa.
    Mr Kumova ranked number 26 on Financial Review’s Young Rich List this year with a net worth of $104 million, up from $95 million in 2017."
 
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16.5¢
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0.013(8.20%)
Mkt cap ! $127.2M
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15.0¢ 17.0¢ 15.0¢ $624.9K 3.970M

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1 98086 16.0¢
 

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16.5¢ 585778 3
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