Cannon is way ahead of its peers in near term nickel sulphide mining.
The following is from 2016
In 2016 the mining options were borderline because nickel prices were low and the Capex hard to get. But as this 6 year nickel price chart shows the nickel price is now much higher and with EV demand growth is assured at least to 2030
The current nickel JORC is 91,500t of high grade nickel but Cannon plan to grow this resource by further exploration at Fisher and the Sabre discovery
https://www.cannonres.com.au/projects/fisher-east/
CNR has by far the most advanced nickel project of any junior with a market valuation under $50m imo.
Cannon is way ahead of its peers in near term nickel sulphide...
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