CAY 1.25% 8.1¢ canyon resources limited

Ann: Appointment of CEO, page-93

  1. 6,012 Posts.
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    Corporate advisors and institutions etc I can’t see beginning to support this number in a big way without a mining license and healthy metrics in the definitive feasibility study. What will really draw the investing is when/if we see off take agreements then finance.

    I speculated early in the thread that PG needed to go long ago because he’s not a bauxite guy and that will keep the money away. TipTruck seems to be in the know and it seems I was right.

    I have no idea why the timelines have been missed but I’m not worried either. There is a number of entities involved, Canyon Resources, State of Cameroon, MinMetals, Rail corporates as a minimum. Little wonder it’s missed the timeline mark.

    This was never going to be an overnight development and I believe because it was promoted as close to being such, it’s really disappointed a lot of holders. Next year is when it should all come together.


 
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