In just my opinion and perspective, and not to be taken as financial advice, I foresee multi bags (up to 10 From these prices) in the next 1-2 years (That's my conservative timeframe).
I think we will achieve bags very quickly, once we receive a ML and Marketing Commences (Post Option conversions).
Add to this scenario, a recognised, global Corporate Advisor to open doors and we could easily re-rate to the 20-30c range.
Throw in Offtakes and you can add more value to the share price and shareholders.
My confidence in EEA and this board is extremely high. IMO, They have been outstanding thus far and have not missed a beat IMO.
More newsflow would be welcomed by all shareholders, and I'm confident it will come in due course as milestones are hit. However, I understand they have needed to be very conservative to date, based on our history.
EEA has a strong history of developing assets in Africa and bringing value to shareholders. Which in turn, has brought value and a solid reputation for themselves. They know how to do business and get things done.
This current board know and understand the bauxite/alumina industry. Have skin in the game, and have the global contacts to assist us to succeed.
We just need that damn ML signed.
The best thing our board has done to date, IMHO, was to sign up EEA as our strategic partner. The unknown future we once had, all of a sudden looks brighter day by day, from my perspective.
Nothing is a guarantee, but after being heavily invested here since 2011, I believe 100%, 2024 will be the year that makes CAY.
Good luck if you choose to invest here.
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Last
7.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $108.0M |
Open | High | Low | Value | Volume |
7.8¢ | 7.8¢ | 7.7¢ | $195.7K | 2.514M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6999 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 573542 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6999 | 0.077 |
1 | 1000000 | 0.076 |
5 | 1854580 | 0.075 |
1 | 300000 | 0.073 |
1 | 500000 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.078 | 573542 | 1 |
0.079 | 93440 | 2 |
0.080 | 112981 | 1 |
0.082 | 625000 | 1 |
0.084 | 60005 | 1 |
Last trade - 15.53pm 16/08/2024 (20 minute delay) ? |
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