CAY 1.03% 9.8¢ canyon resources limited

Ann: Minim Martap Bauxite Deposit - SRK Consulting Report, page-37

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  1. 10,598 Posts.
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    Couldn't agree more Grahod. This is one that has the potential to move further and faster than most realize.

    It is a tier one resource and very few of those exist. As milestones are hit people will begin to understand. Indications are that a lot has been moving forward on the ground for some time. Cleared rail lines, etc.

    A comparison of potential tonnages and revenue presents stunning potential for profits. Because it is a tier one resource I believe there is also a high probability of a large loan component in the modest (relatively speaking) project costs.
 
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