GMN 0.00% 0.4¢ gold mountain limited

Ann: Potential Lithium Bearing Pegmatites Uncovered in Brazil, page-164

  1. 2,827 Posts.
    lightbulb Created with Sketch. 231
    Hi Dawg, good to see you posting here and thanks for the informative posts in LRS start of the year. I'll attempt to have a crack but others probably able to answer better.

    Assaying in Brazil + Aus - I would hazard a guess because it's still technically in the DD period. Mars' consulting geologist is Brazil based and there were rock chips and a soil sample program already undertaken by Mars, results pending, prior to the acquisition announcement.

    Correct, 75% ownership upon completion of the earn in. Note, until the earn in has been met, Mars is running the show. Once GMN obtains 75% they will then take control or the exploration programs etc.Couldn't find a whole lot on Mars personally so would love someone else that does to input.

    With the recent raise coinciding the with acquisition announcement I believe there's enough funding to let the share price run a little on results and potentially see some options get converted. Hopefully a raise coinciding with a drill plan announcement in a month of two. Don't forget they have also indicated the plan to drill PNG this quarter and are waiting on additional trenching assays (surely have received/will receive these soon). Drilling this during the quarter more likely to need a raise sooner.

    Cheers
 
watchlist Created with Sketch. Add GMN (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $13.67M
Open High Low Value Volume
0.3¢ 0.4¢ 0.3¢ $1.536K 439.0K

Buyers (Bids)

No. Vol. Price($)
31 33738445 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 16760839 14
View Market Depth
Last trade - 10.08am 13/09/2024 (20 minute delay) ?
GMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.