"Previous work completed by Canyon Resources on the contiguous...

"Previous work completed by Canyon Resources on the contiguous Birsok Project, sometimes sharing plateaux with the Minim Martap Project, has given the Company a strong understanding of the physical and geochemical characteristics of the local bauxite. The bauxite is generally high alumina, low total and reactive silica, high gibbsite, low boehemite and low on other contaminants. "

This is the factor that will catch most by surprise. Canyon have been working this ground for several years, have their own onsite rigs and will likely advance this project at a far faster pace than many would imagine.

IMO, it will not be the typical industry slow boil as the project is sussed out then developed. They will already know what they intend and they will get on with doing it, thereby releasing the extreme value inherent in the project, very quickly.

For those that haven't read it yet, an overview from a few weeks back, the rest of that thread is work reading as well.

https://hotcopper.com.au/posts/34959537/single