CAY 3.23% 15.0¢ canyon resources limited

Ann: High Grade Resource at Minim Martap, page-11

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  1. 482 Posts.
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    I also looked at the Metro Mining presentation to give some background to CAY.

    The one concern I have with CAY is distance from the coast. From what I can see all other bauxite deposits are much closer to a port or alumina refinery.

    Do you consider this may have a material impact on the project? Are they looking to the high grade to offset the transport cost or is it perhaps in response to a suggestion recently received from their strategic advisor?


 
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