CAY 3.33% 15.5¢ canyon resources limited

"A recent 10Mtpa bauxite export business there cost US$1 billion...

  1. 6,948 Posts.
    lightbulb Created with Sketch. 117
    "A recent 10Mtpa bauxite export business there cost US$1 billion to bring on line.
    Canyon believes its resource is superior, and while Gallagher and his board wouldn't be drawn on the potential cost of a 10Mtpa development at Minim Martap, it's expected to of "a magnitude less".
    For what it's worth, arm-waving by Kumova suggested somewhere in the order of $200 million could be possible.
    Bauxite production of the sort Canyon envisages producing is understood to currently be attracting a price of circa $70 per tonne."
    I liked this bit (the 1 billion referring to Guinea)......and if global trends continue $70 per tonne will soon be a price only wished for.
 
watchlist Created with Sketch. Add CAY (ASX) to my watchlist
(20min delay)
Last
15.5¢
Change
0.005(3.33%)
Mkt cap ! $127.2M
Open High Low Value Volume
15.0¢ 15.5¢ 15.0¢ $86.18K 557.6K

Buyers (Bids)

No. Vol. Price($)
6 463229 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 887016 4
View Market Depth
Last trade - 15.07pm 05/11/2024 (20 minute delay) ?
CAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.