GNM 0.00% 1.2¢ great northern minerals limited

Todays Trading, page-82

  1. 6,158 Posts.
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    Hi @nondiscrypt - Trust you are well.

    No digs at anyone, I promise - just a passing general comment

    IF Lithium is a dud then the beauty is there will always be the OHD project and the NT Pretoria project.
    Enviable position to be in - in my opinion

    In my honest opinion you could probably argue that the OHD project itself will be a company maker, rated much higher than what we are currently at.

    I think there is a big chance Guyana Morabisi project will be a goer - but of course it will take time as it has.
    In my opinion there is enough from the geological settings to indicate there is something there of note - "LCT Pegmatites"
    I'm no guru but my reading/research has indicated geochemistry is important as well and this is very favourable.
    Remember there is no previous drilling historical reports which makes things difficult - they have done well to find/confirm lithium in my mind.
    The question remains can GSM find a viable commercial resource - I believe 15-20MT is a feasible figure that has been branded around by various experts.

    Maybe Turesi Ridge area can be?

    Looking ahead as I have maintained - it is my opinion that we should not be miners, especially in a foreign country like Guyana.
    Hopefully prove it up and sell - Georgetown port is closeby. Guyana has traditionally had close ties to USA (TESLA), although China's imprint is growing I believe.

    In my opinion if GPP do find a suitable quantity then we may break off into different companies - my guess is that they may be awaiting the results of this phase 2 before making any call.
 
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