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Cannon Resources (ASX:CNR) Construction In Progress : A$0.00 Mil (As of Dec. 2021)


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What is Cannon Resources Construction In Progress?


Cannon Resources Construction In Progress Historical Data

The historical data trend for Cannon Resources's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cannon Resources Construction In Progress Chart

Cannon Resources Annual Data
Trend Jun22
Construction In Progress
-

Cannon Resources Semi-Annual Data
Dec21 Jun22
Construction In Progress - -

Cannon Resources Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Cannon Resources (ASX:CNR) Business Description

Traded in Other Exchanges
N/A
Address
87 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005
Cannon Resources Ltd is a mineral exploration and development company. It is engaged in two projects located in the North-Eastern Goldfields region of Western Australia. The Fisher East Project contains nickel deposits of Camelwood, Cannonball, and Musket; and the Collurabbie Project. The Group operates within the mineral exploration industry in Australia.

Cannon Resources (ASX:CNR) Headlines

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