The recent news about RIO's Amrun mine completion helps create a nice comparison case for CAY's bauxite deposits.
Anyone who sees a future for aluminium and looking for a nice entry point to a ground floor opportunity should look at CAY. The resource numbers so far are certainly compelling, very high grade and it will not take long to see the resource hit the 1 billion tonnage point in quick time.
Kalenn has made a point of mentioning Canyon's deposit sitting at 1.3% reactive silica. This low number is extremely desirable and something that will make larger players take VERY keen notice.
Ann: Minim Martap High Grade Resource, page-26
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
0.013(8.20%) |
Mkt cap ! $127.2M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 17.0¢ | 15.0¢ | $624.9K | 3.970M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 98086 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 585778 | 3 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| CAY (ASX) Chart |
