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44.5¢ cannon resources limited

To clarify a company Secretary can also be the Chief Financial...

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m0ngy

10,075 Posts.

4852

11/09/22

14:55

Post #: 63636076
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Originally posted by m0ngy: ↑

Yes disappointing that Steve has left. He is a top geo and this was his first job as a CEO and I suspect he has not been comfortable in it.
He leaves a legacy of having very significantly grown the resource.
Many years ago Rox announced a scoping study that had excellent economics and that was with a much smaller JORC.
An off take deal with Nickel West or others is on the cards imo but first an updated scoping study or PFS is needed.
Chris Hunt is the CFO of both Rox and Cannon.

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To clarify a company Secretary can also be the Chief Financial Officer and that is the case with Cannon Resources.
Chris Hunt is the CFO of both Cannon and Rox Resources. This is a cost saving for both companies because his salary is paid by both Cannon and Rox according to the work he has completed for them.

CNR Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
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