Personally, I think it is ridiculous to think there is a large carbonatite field approximately 25km from the Araxa mine that wasn't pegged by CBMM. CBMM is a Brazilian mammoth ($2.2bn USD net revenues in 2022) and niobium specialist mining and processing operation.
More concerning though for anyone buying is that they're going to raise imminently. Its disclosed in their recent quarterly that they're already in talks with brokers to conduct a raise. Anyone buying will just be cannon fodder for a cheap issue.
Ann: GMN secures ground near world's largest Niobium producer, page-19
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $9.533M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $16.53K | 6.596M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 41888018 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 11342534 | 6 |
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| GMN (ASX) Chart |