Australia's largest stock trading and investment forum Australia's #1 stock forum

CAY

Click for more information

1.45%

6.8¢ canyon resources limited

Correction:My timing prediction of 2- 3 weeks may sound a bit...

First 112 Last

Share
Profile

Follow
pikapika

2,500 Posts.

198

28/06/22

09:26

Post #: 62241101
Share

Originally posted by pikapika: ↑

IMO CAY would have been negotiating with potential suitors for a TO, JV or OT deal for months already and these negotiations are on-going while waiting for the final BFS figures. We now have got a very positive BFS signed off, I think the last thing they are waiting for is a signed MC which is still sitting on the Mining Minister's desk?

CAY announced a week ago that it is expecting the MC to be signed off in Q3 which starts on this Friday. I believe negotiations with some of these suitors may have already finalised. They are just waiting for the MC which could be signed off any moment.

My timing prediction of 2- 3 weeks may sound a bit ambiguous but I believe it is entirely possible. Agree it is frustrating but it is happening. All we need is a little more patience.

Expand

Correction:
My timing prediction of 2- 3 weeks may sound a bit *ambiguous but I believe it is entirely possible

Should be
My timing prediction of 2- 3 weeks may sound a bit ambitious but I believe it is entirely possible

CAY Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

There are more pages in this discussion • 1 more message in this thread...

First 112 Last

Add CAY (ASX) to my watchlist

(20min delay)
Last 6.8¢		Change -0.001(1.45%)		Mkt cap ! $93.46M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.8¢	$24.80K	359.8K

Buyers (Bids)

No.	Vol.	Price($)
2	128996	6.8¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	21125	1

View Market Depth

No.	Vol.	Price($)
2	128996	0.068
1	74626	0.067
1	54568	0.066
1	65293	0.065
2	354261	0.062

Price($)	Vol.	No.
0.070	100000	1
0.074	21125	1
0.077	28997	1
0.078	9178	2
0.079	80322	2

Last trade - 15.43pm 27/06/2024 (20 minute delay)

CAY (ASX) Chart