CAY 0.00% 6.9¢ canyon resources limited

Ann: Quarterly Activities and Cashflow Reports, page-5

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    I always read reports from the back to the front. That way you find the 'difficult issue' nuggets. Here's one for shareholders from the bottom of the cashflow report:

    "The company is currently engaged with corporate advisers and is reviewing funding options including the raising of additional capital by way of an issue of equity securities and, on the basis of advice received, believes that it will be successful in securing further funding."

    Forewarned is forearmed.

    Lets hope something concrete is achieved PRIOR to the next CR, otherwise it's another sell-off and high discount affair
 
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