CAY 0.00% 11.0¢ canyon resources limited

Ann: Canyon executes strategic agreement for BFS, page-152

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  1. 1,703 Posts.
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    High level Tterb, Sundance did not meet the milestones set out by the both governments time lines ( please add info or correct me as I'm not all over the Sundance saga). They held it for a long time and was unable to get the finance to back the project ( thank f* we have a railway line or no one would be even looking at this) If you know the history of Minim Martap, it too was removed from the CALJV after 10 years of no action, hence then being given to CAY to develop. CAY did well to convince the Cameroon government that a DSO option was the best outcome, and then issued the exploration permits. If we sit on it for ten years pretty sure the Cameroon government would take it from us too. We are in a good place IMO. Time lines are being met. BFS hopefully early just to make sure.
 
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