Good posts all. Just taken a position this morning. Interesting that CAY released an expectation of an announcement Tuesday too.
Had a reread of the Junes announcement and seems very promising with the early potential DSO bauxite and news flow over the next few weeks. Bauxite is forecasted to be a bullish sector over the next couple of years.
I'm in the opinion due to fundamentals, small market cap, tight register that 15c will be breached easily and 20c could be the next trading range.
I am anticipating an update with assays and steady release of further assays so could do a run like KNL and TON with steady news.
Much better than QBL, have concerns about their management and manner of non compliance with ASX.
CAY should close very strong today.
CAY Price at posting:
10.0¢ Sentiment: None Disclosure: Held
