GNM 0.00% 1.2¢ great northern minerals limited

Ann: Corporate Governance Statement, page-102

  1. 6,782 Posts.
    lightbulb Created with Sketch. 4272
    Just a slight point of correction, anything related to GPP's financial investments in Astron shares as per the below are deemed to be for stated objectives not the general running of the company, well thats what their rebuttal to the RM's that tried to have some board member removed was .........

    GPP Astron shares for projects.png
    http://www.asx.com.au/asxpdf/20120730/pdf/427ntqfmf4xt0c.pdf

    A closer look at the Astron share investment doesn't look overly pretty either, plus the selling of assets was a common thing, but as a small spec stock struggling to get any investment interest, if you have an asset sell it to keep the dream going. Is one of the reasons that I believe we will have some large credit raises as we are just about out of saleable assets unless they can bring home the bacon at Morabisi, the funding hope for the OHD project.

    cheers
 
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