CAY 0.00% 7.0¢ canyon resources limited

World’s top aluminum producer sees raw material supply risk in Guinea, page-57

  1. 1,282 Posts.
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    Maschino, after 5 months of having met the new conditions (Requiring a Strategic Partner) and still no ML being issued, I'm simply thinking outside the square. Trying to find some logic to an illogical situation.

    I haven't stated "I genuinely believe" I'm simply suggesting it's a possibility.

    I want that ML issued ASAP, regardless of the overhang of the options. Even if the ML is issued, I don't believe we will run into the teens until all or most of the options are either exercised or expired.

    After August there will not be potentially 100,000,000 heads filling the "Sell" side, to convert their 7c options. Meaning little resistance moving forward. There's not many I know that have that kind of spare cash floating around in this current climate.

    There's some big things happening next month in Cameroon, hopefully we're part of that in a celebratory sense. If not, I don't see much happening before August and we'll hover at these levels until then. In my opinion only.
    Last edited by FishiesPal: 16/04/24
 
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