CAY 8.20% 16.5¢ canyon resources limited

Ann: High Grade Resource at Minim Martap, page-63

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  1. 482 Posts.
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    About that specific...


    coal density           ~1.0 t / m3

    bauxite density     ~1.6 t / m3

    iron ore density     ~5.1 t / m3


    AVZ transport costs = $163 / t less road trucking = $131 per tonne to cover three port transfers, a 240km barge ride and 1,450km rail leg.


    I don't think it strange that CAY is involved and that they believe there is potential.

 
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