The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Comet Resources has appointed Matthew O’Kane as its Managing Director
  • Over the past nine years, Matthew has worked in Asia, gaining experience and contacts in the region
  • Comet says the latest appointment will see the company well placed to advance the high-grade Springdale Graphite Project
  • Following this appointment, Philippa Leggat will step down as the CEO
  • Comet remains steady on the market today and is trading at 2.5¢ apiece

Comet Resources has appointed Matthew O’Kane as its Managing Director.

Matthew is an experienced Executive and Company Director with executive roles across public and private companies in Australia, USA and Asia. He has 25 years of experience, mainly within the mining and commodities sector.

Over the past nine years, Matthew has worked in Asia, gaining experience and contacts in the region. He has gained knowledge about exploration and development plays and commodities trading.

“The board of Comet is delighted to have Mr O’Kane take a lead executive role in the Company and look forward to his contributions,” the company told the market today.

Comet says the latest appointment will see the company well placed to advance the high-grade Springdale Graphite Project towards the next stage of development.

The Springdale Project is located approximately 30 kilometres east of Hopetoun in south Western Australia. The project is situated on freehold land and has good access to infrastructure.

Following this appointment, Philippa Leggat will step down as the CEO.

“The board would like to thank Ms Leggat for her tireless efforts both in advancing the project and raising the profile of the Company and wish her all the best in her future endeavours,” the company said.

Comet remains steady on the market today and is trading at 2.5¢ a share at 12:26 pm AEDT.

CRL by the numbers
More From The Market Online
The Market Online Video

ASX Market Close: Banks lead Index to finish the week on a high | September 6, 2024

The bank stocks rallied leading the index higher, but Energy and mining stocks slumped in the…
IPO concept

Is the ASX getting its groove back? Here’s 5 IPOs in September to watch

After another slow year for IPOs on the ASX, September is looking like it could be…
Money is tight concept 2

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

At the start of this week we saw NVIDIA – as a proxy for the AI…
The Market Online Video

ASX Market Update: CBA breaks record as banks lead Index higher | September 6, 2024

Bank stocks have surged and dragged the market higher with the big 4 all outperforming and…