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4.17% 1.2¢ great northern minerals limited

Ann: GNM Closed Oversubscribed Placement, page-14

  1. stevenjd
    27,119 Posts.
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    08/12/21
    11:10
    Post #: 58153681
    not hard to justify a 17m valuation come GMNOF strike. Come some interest back into the gold sector if these funds are used to resource definition and scoping study.
    Double that for the OB's though at 37m valuation, ignoring OF conversions. But longer time on expiry to get there.

    Not happy with the dilution though 1.2=>1.7b

    Last edited by stevenjd: 08/12/21
    GNM Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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