GMN (ASX) Ann: Substantial Shareholder Notice

Originally posted by Tothemooon: ↑

Hey mate, thanks and I agree with your points as well. If nothing is happening there is always plenty of people who will ask for heads of management etc., but once a discovery is found, they become the number one fans.

Couldn't agree more mate. At the end of the day, whilst the pace may be slow, it's a lot cheaper doing soil and steam sediment sampling then just drilling random ass spots for the sake of it, burning cash at a lot higher rate.

It will be interesting to see what 2024 has in store for holders, and to all, I wish good luck!

At the end of the day for anyone getting in now, you can gain a 100% profit if the stock runs to 1c, which can be on a turn of a button. Not many stocks can offer that, and only the short-term dreamers are the ones here thinking why isn't this 0.50c already.

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Originally posted by Jaytee1: ↑

Hi ToTheMoon
I think that is a very fair analysis. I know that management may not have a great history of success and there seem to be some constant detractors about this, but some times even the best management cannot create a good outcome if the actual ground resource is substandard. I look at Chris Gale of LRS who was always condemned for his actions with this company and his involvement in OAR as well. What was to be halloysite potential went pretty much no where and he moved to Brazil, Argentina, and Peru. The outcomes with Brazil lithium and LRS has been superb and now everyone sings his praises.
I think it great GMN are turning away from New Guinea (I assume based upon no actual announcements or outcomes for a long period) and think the move to Brazil lithium and REE a very good move. Maybe this will be the winning move that makes management suddenly something great.
All of this cant be done without funds so my only concern here is what value of funds can be raised to carry out worthwhile exploration and at what price. As a large holder here I am happy to see this through and I am sure all of this is currently happening in the background, and the pending exploration lease approvals for REE will add to some bargaining power.
All of the action of gaining ground is for a reason and this could be the start of something progressing at a measured pace.
For those detractors that dont like the timing of the soil sampling process, I would much rather they spend this time to undertake valuable research now to identify the right spots to drill and use precious money in the drill process to drill in areas that have the most chance of success.
Anyway just my thoughts and I hope that something valuable will come to fruition here.

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Thanks guys..Some great insights and points made..Appreciated'

I have confidence that something will come of this soon!

What's not to like about this announcement!...A few peeps not happy!??

I think it's a great asset moving forward and opening up our portfolio!

Sharing a border with BRE ..Not to shabby!

I have been topping up to avg down so now at 0.006 and will no doubt be topping up again

****Not Financial advise**** DYOR

Good luck all

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(20min delay)
Last 0.3¢		Change -0.001(25.0%)		Mkt cap ! $9.533M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.3¢	$68.31K	17.12M

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