CAY 1.37% 7.4¢ canyon resources limited

Ann: Appointment of CEO, page-87

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    Love the passion being shown in the room.... Were all loyal shareholders and all, unitely, (and for bloody good reason) feel let down by our history here in CAY. Me one of them......

    Im certainly not going to defend Phil as he has erred on many occasions but I will say this......

    Timelines are exactly that, an estimated timeline. Its not a deadline. Big difference. However I agree 100% we should have at least received an update (or several) on the timelines, or new timelines with an update or short explanantion.

    Cap Raises: Cap raises are decided at board level, not Phil level. Any previous cheap cap raise angst,, needs to be shared or expressed to the whole board not just Phil. Im hoping weve had our last cheap CR as im lead to believe we have enough money till 1st or 2nd Q next year

    AGM: Im lead to believe Phil will miss this AGM in person, not only because he is he in Cameroon till the end of the month, and cant be in 2 places at once, but he also has to do another 14 day quarantine period, about his 4th or 5th for.the year. Give the guy a break, how many MDs do you know have done that?

    I agree he has done as much as he can and new blood is and was required to take over the lead role and take us forward. I personally think this new board will take us to exactly where we need to be and we will all be sitting on multibags very soon once we have our Corporate Adviser situation sorted.

    Robs (Ashanti) had enough opportunity now to show if hes going to support CAY or not.

    IMO its time Cliff gets tough and disposes of Ashanti or they step up and get into line and show their worth, which can be magnificent when they back something whole heartedly.

    Lets hope for a few surprises next week.
 
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