GNM great northern minerals limited

Ann: Commencement of Longwall Operations- NRE No., page-4

  1. 1,316 Posts.
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    re: Ann: Commencement of Longwall Operations-... Johnm, for what it is worth I think it will be rewarding to hold this stock for 1-2 years. My average cost is 50c when the outlook seemed strong and despite how low it has got the outlook still remains great. The issue of methane and carbon tax has been the only detraction and even this was estimated to impact by $16 by analysts with a counterclaim of only $4 by the company. The company has a guaranteed buyer in the parent company and is making steady progress with increasing production capacity. There is a possibility that coke prices could come down significantly but I dont see it falling so far that GNM starts making losses. It is also reassuring that the chairman, AKJ is using every bit of his spare money to buy his own stock.
 
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(20min delay)
Last
1.3¢
Change
-0.001(7.14%)
Mkt cap ! $2.010M
Open High Low Value Volume
1.4¢ 1.4¢ 1.3¢ $1.397K 100K

Buyers (Bids)

No. Vol. Price($)
2 112397 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 62299 2
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Last trade - 15.46pm 20/06/2025 (20 minute delay) ?
GNM (ASX) Chart
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