People search the ASX for a small cap explorer that will one day...

People search the ASX for a small cap explorer that will one day be a multi-bagger. Here we have an explorer which has been quietly and efficiently building a resource which the majors will fight over owning. 

Large tonnage, long life, high grade tier 1 type projects will rarely present themselves. It critical to understand how to recognize these types of opportunities when they come along. 

The resource cannot be questioned and will only get better as they drill out this high grade zone further. Have infrastructure in place or at such an advanced stage is compelling - no need for wasting time and capital in this regard.

From a corporate perspective management have run lean and efficiently and the result is a number low shares on issue and a tight and supportive register base. 

The last 6 months has seen the market already waking up to CAY but with Tolga Kumova on board, this announcement today indicating the HG zone and recent strategic partnership with Mota-Engil its all adding up.