GNM 6.67% 1.6¢ great northern minerals limited

Ann: Trading Halt, page-23

  1. 16,493 Posts.
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    Hi Scarpa. I guess the issue is do they punt with shareholder wealth?
    Imagine if they drilled and didn't hit viable lithium? The forthcoming CR would be at half today's sp or lower IMO and holders would be smashed by dilution.
    I am actually thinking this is more sensible and far less risky IMO. Not keen on dilution but a fact of life with no income. DB
 
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