CAY 8.20% 16.5¢ canyon resources limited

Ann: High Grade Resource at Minim Martap, page-33

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  1. 7,938 Posts.
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    All good info and I'm sure the range of numbers discussed will cover Canyon operations easily.  

    However, one thing people are leaving out in their calcs is the sea borne freight to port of destination. High probability it will be China given world trends (including China's diminishing bauxite supply). 


    That's why my numbers might seem a little more conservative but I have accounted for sea borne freight to China and Cameroon taxation.

    Even so I believe we are still sitting in that US$20-25 range for net profit per tonne. 


    Canyon's operations will be relatively simple so I predict a quick ramp up period to full production. Although initial production target is stated as 10 Mt annually I would be surprised if it didn't end up being more given the size of the deposit and it's importance to the Cameroonian people. 



 
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