GNM 0.00% 1.4¢ great northern minerals limited

80c done now $1 soon, page-14

  1. 12,455 Posts.
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    "Only diff now is we're producing profitably, tighter register, funding secured and coal prices are headed back to pre GFC levels"

    I agree, except for the "tighter register" bit ... in fact it is the opposite! At one stage the register was ridiculously tight with Gujarat NRE Coke owning 90% of script ... it was impossibly tight with no free-float.

    I am stoked with recent improvements in the register with the parent only owning around 68% of stock, more instutions on board, more open register, and better trading liquidity. This will entice more buyers on board that have steered cleer from the tight register before, further improving liquidity.

    Its been a slow process, but the climb back for GNM continues, and it looks a very attractive investment at these prices IMO
 
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