CAY 2.06% 9.9¢ canyon resources limited

Ann: Voluntary Suspension - Extension, page-22

  1. 2,744 Posts.
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    Well what an absolute ball dropper, brow raiser, and gob smacker!

    Certainly did not expect this sort of shenanigans but with it being imminent months ago I suppose what else?

    I read all your heartfelt thoughts and annoyance etc and I must admit my heart did drop again and Kjrae95 I probably am delusional lol but Maybe just Maybe and really the only reason for these reasons:

    1: We Cay lodged a TH on 2nd May 2022 for the Purpose of, "pending the release of an announcement by the Company in relation to a Bankable Feasibility Study for the Minim Martap Bauxite Project in Cameroon."

    2: We Cay then went into Voluntary Halt on 4th May 2022 "The voluntary suspension is requested in connection with the finalisation and release of an announcement by the Company in relation to the Bankable Feasibility Study for the Minim Markap Bauxite Project in Cameroon."

    3: We Cay then extened the voluntary Suspension on the 9th May 2022 "n pending the finalisation and release of an
    announcement
    by the Company in relation to the Bankable Feasibility Study for the Minim Markap Bauxite Project in Cameroon."

    Line 2 and 3 are the same reason.

    Ok so none of the above says that they require more info from Asx so it is CAYS wishes which says something happened and they sounds like possibly the ML or MC as once they lodge the BFS these would be the only 2 reasons I beleive ASX would allow not to return to trade as it is required to look after the SH. And the news release for the Iron ore by pikapika would be a reason if we got ours also for another suspention?

    No only presumtions and probably just unicorn dancing on a bottle or 2 of moonshine but its the only feasable answer.

    And it all looks "imminent now" so lets all chill cheers
 
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