GNM 0.00% 1.6¢ great northern minerals limited

Ann: Morabisi Q&A - Amended, page-229

  1. 6,859 Posts.
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    So basically are you saying that we won't be doing anything for how long?

    The company has said that significant funding is required for Morabisi
    GPP future funding .png

    The company also stated that
    Screen Shot 2017-09-05 at 6.28.07 AM.png
    http://www.asx.com.au/asxpdf/20170904/pdf/43m12fbthvqjn4.pdf

    So unless funding/co-funding/the rejected grant appeal is upheld/JV/off take for Bio-Stimulants or some international funding is procured (Palm & Canola Oil) then $3.2M won't go very far. Granted there will be developments along they way and hopefully some juicy announcements to fire up the share price for if we do need to have placements/capital raising it will be less dilution for current share holders.
 
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