CAY 0.00% 16.5¢ canyon resources limited

Ann: Pause in Trading, page-25

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  1. 654 Posts.
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    for some perspective, all of the currently list options are in the money, and when they are exercised it will raise $3,223,625.02.

    so how much do management want/need to raise to put the company is a really good position to carry them through to bfs and 30mt proven reserves? if this cr brings in $5m then they will have $10m in the kitty, and that will see them along way towards their goal - if they are smart with the money and don't let greed go their heads with inflated pay packets etc.
 
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