CNR is a WA battery metals Ni-Cu-PGE IPO poised to take...

CNR is a WA battery metals Ni-Cu-PGE IPO poised to take advantage of the EV clean energy boom.
Unlike other IPOs and juniors that have projects but no resources Cannon holds 2 large highly prospective tenements and 2 JORC complaint resources in WA:
Fisher East has a JORC of 2.9 MT @ 1.7% Ni.

https://www.cannonres.com.au/projects/

Cannon plan to grow this resource by further drilling at the Sabre project and by extending Fisher.
IMO potential to grow the JORC to over 120,000 t/ni high grade by extensional drilling with opportunities to find a new discovery.
Fisher is perfectly placed to help meet BHPs nickel shortfall following their deal to supply Tesla.
https://www.bhp.com/media-and-insights/news-releases/2021/07/bhp-enters-into-nickel-supply-agreement-with-tesla-inc/
Fisher is straight forward to mine and could be brought into production very quickly to meet soaring Nickel demand.

Fisher Project scoping

RXL Investor presentation 2019
https://www.investi.com.au/api/announcements/rxl/515f0d01-074.pdf

Collurabbie

https://www.cannonres.com.au/projects/

70km east of Fisher East is a Ni-Cu-PGE Project
JORC resource of 573kt @ 1.63% Ni, 1.19% Cu, 0.08% Co, 1.49g/t Pd and 0.85g/t Pt at the Olympia deposit. This yields 9.17kt of contained Ni, 6.88kt Cu, 420t Co and 42.4koz Pt+P. This yields 9.17kt of contained Ni, 6.88kt Cu, 420t Co and 42.4koz Pt+Pd Widespread Ni-Cu-PGE mineralisation and drill targets over ~15km strike length on multiple stratigraphic horizons
Cannon have a discovery close to Olympia that they will drill soon.
Exploration over the large highly prospective Ni-Cu-PGE tenement planned.

CNR floats with a market cap of just $15m