Ann: Company Update - PFS Delivery on track., page-9

I added more this week...

Go back a few months and one would need to lay out +10c a share, now 5-6c, a 50% off sale!

The world's largest high-grade, undeveloped bauxite project will not stay at a <$30m market cap for very long. That's US$18m...

Anyone with a foresight not covered in toilet paper can work out Canyon are going places over the next few years. With global Goverment's huge multi-trillion dollar stimulus packages to prop-up virus fear, the inflation drums are starting to beat again. Hard commodities will be of great interest this decade after a rather lackluster decade proceeding the GFC.

Cash costs will be reduced to perhaps US$35/t with the deep water port option, whilst inflation pushes the bauxite/alumina/aluminium prices higher... likely getting us +US$65/t.... huge margins whilst ramping up to 10mtpa DSO. The numbers are seriously impressive for anyone willing to buy up during these turbulent times!

This is a billion dollar business in the making... Probably US$1b+ too...