CAY 0.00% 15.0¢ canyon resources limited

Ann: Voluntary Suspension - Extension, page-99

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    and this is what CAY will use the funds for.......


    Use of Funds

    • Corporate Development: $1.0m
    • Corporate and general working capital: $2.5m
    • Drilling program (Makan and Ngaoundal): $0.5m
    Investment Highlights
    • Nominal production rate of 6.4Mtpa, representing a 28% increase from the PFS
    • C1 operating costs US$24/t for a 51.1% , supplying some of the world's highest-grade bauxite
    • Project pre-tax NPV8 of US$452m
    • Project development capital of US$253m
    • Strategic off-take and funding discussions advancing in parallel
    • JORC Reserve of 108.91Mt at 51.1% Al2O3 and 2.0% total SiO2
 
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