Aluminium hits 10 year high, page-85

MTB couldnt agree with this statement more if I tried.

Theres no rail issues at all, only improvements to make things more effecient.

And yes some still attempt to downplay CAY.

Something tells me as we draw closer to the mining license being issued, the share price will do the talking.

Timelines were set in January this year. Please....
We now have 2 of the best operators and the best in their business on the ground in Cameroon with Rick Smith and Andre Henry. Im sure we will receive an update soon on progress, as its due.

If we're out by a few weeks who cares? As long as we have progress and a mining license forthcoming, why sweat the smallstuff?! It becomes irrelevant in the bigger picture.

Something tells me we will see a new wave of buying on the mining license being issued. Totally derisks CAY. The bigger guys wont be able to ignore CAY any longer.
Theres a lot to love and.look forward to. Finally.

If something as small as missing a PROPOSED timeline upsets some, regardless of the progress happening, sell and invest elsewhere. That is of course if u are truly are invested here and dont have a vengeance against CAY.

Couple of facts for u all to.ponder....
The PFS was completed based on a $35/tonne bauxite price and shown to be profitable.
Bauxite is now fetching @ $50/tonne based on a 45-47% total alumina content.
CAY have over 50% total alumina content in their product for over 20 years based on Stage 1.

Surely with China and the likes chasing "Greener" Alumina, we will fetch higher than the current $50/tonne figures. By my figures we could potentially looking at a minimum $20-$25 US per tonne profit margin. Probably much higher.

I like the way this is playing out and will continue to buy. Ive waited this long for a return on my money, waiting an extra 6-12 months is nothing in the bigger scheme of things. Multi bags from here IMO...,..
DYOR and good luck to all. Inc the other "Apparent holders".