This basically confirms GMN just hopes to buy a winning lottery ticket. They are riding the lithium boom in Brazil by optioning apparently random cheap tenements. The first indications of the majority of these tenements is that there is no hope to find lithium. Then at Logradouro, there are some pegmatite outcrops, but no mention of spodumene. Looking at the pictures there is indeed no spodumene.
I warned on this forum previously about the hype of highly weathered rock chips with a bit of lithium in them. This company has literally zero lithium expertise nor experience. It is just poor management that is trying to get lucky.
- Forums
- ASX - By Stock
- Ann: Brazil lithium exploration update
This basically confirms GMN just hopes to buy a winning lottery...
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GMN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.72M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $451 | 150.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 499999 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 28209464 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 499999 | 0.003 |
25 | 52782443 | 0.002 |
21 | 86423164 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 28209464 | 20 |
0.005 | 8773323 | 15 |
0.006 | 11464522 | 11 |
0.007 | 2107586 | 6 |
0.008 | 13301757 | 8 |
Last trade - 10.04am 27/09/2024 (20 minute delay) ? |
Featured News
GMN (ASX) Chart |