CAY

1.67%

15.3¢ canyon resources limited

...and whose interests do you think China is working...

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Kalenn

10,599 Posts.

6075

23/11/20

13:49

Post #: 49070600
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Originally posted by grahod: ↑

Cheetah I'm not sure what you are getting at with some of your post.

However, I agree that shareholder trust is spent. I was one of the first to post that when others wouldn't because knocking the board was on the taboo side in the forum back then. That now has completely reversed.

Outside of timelines, I'm also trying not to defend the board on company specifics. More defending that standards and regulations have to be adhered to and due process's governed when steps can be taken.

I also don't respect speculation trying to be sold as fact. People are entitled to their own opinions but not their own facts. These armchair keyboard warriors need to quit the bitching about stuff that either doesn't exist or in the grand scheme of things are micro and won't have any bearing on the company in time.

The last thing I will say is I don't really care what the share price is doing on any stock on the downside unless I need funds. My focus is the business. If you have a reasonable head in this game and have people you can conference with that are astute in certain areas you'll be out of a stock before most anyway. Business dynamics is paramount and I understand there are implications for a low share price but it takes a very big back seat to the business itself.

CAY share price is sentimental negativity towards the company. Its got nothing to do with the business which continues to go from strength to strength.

Myself personally I want PG to move aside but at the same time respect and thank him for the good job he in fact has done.

At the end of the day, they secured the biggest, richest, and purist undeveloped bauxite asset on the planet. The relationship with Cameroon is loyal and solid. They have managed to secure some outstanding guys on the ground. We are fully funded towards the DFS which will be the end of the line of the timeline mid-next year established 2 years ago. They have a powerful and connected strategic investor on the board. In current discussions for off-take agreements, the list goes on ...

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...and whose interests do you think China is working for?

Typically, they work for their own.

Time will tell I guess.

CAY Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 15.3¢		Change 0.003(1.67%)		Mkt cap ! $215.6M

Open	High	Low	Value	Volume
15.0¢	15.3¢	15.0¢	$55.04K	366.9K

Buyers (Bids)

No.	Vol.	Price($)
4	486244	15.0¢

Sellers (Offers)

Price($)	Vol.	No.
15.5¢	489167	7

View Market Depth

No.	Vol.	Price($)
3	419578	0.150
5	348942	0.145
4	407142	0.140
2	710000	0.135
1	25000	0.125

Price($)	Vol.	No.
0.155	389167	6
0.160	242839	5
0.165	239840	4
0.175	133	1
0.180	170479	4

Last trade - 11.57am 15/11/2024 (20 minute delay)

CAY (ASX) Chart

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