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0.00% 7.3¢ canyon resources limited

Ann: High Grade Resource at Minim Martap, page-29

  1. astroboy2
    238 Posts.
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    16/11/18
    20:45
    Post #: 36538889
    I have based my figures on the company can produce 5MT per annum, advancing to 10MT as time goes on.

    Approx 650km from port. OPEX $25PT - $30PT
    Sale Price $65PT-$70PT
    $40PT Profit x 5MT per annum
    $400,000,000 profit per annum

    All figures based on people close to the situation

    $78,000,000 Market Cap

    Some could say it’s undervalued
    CAY Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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