GNM 7.14% 1.5¢ great northern minerals limited

ans25 Just to let you know, I was being conservative at $50m....

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  1. 6,768 Posts.
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    ans25

    Just to let you know, I was being conservative at $50m. The ability to distrupt the fertilizer market is huge. To be able to produce at 1/10 of the price is out of this world. Please don't view this as a ramp because I only say what I believe after many years experience on the asx investing and trading in small caps. GPP could easily do blow off top and reach $100m, before settling back down to 50-60m in the short term. Any sampling of the lithium that comes back with the word "spodumene" and good grade should add 10-15m cap. If a large pegmatite is identified with spodumene, well then people will be scrambling to potentially jump aboard a potential PLS.

    Wait till the wider market digests Fridays announcement over the weekend and the days and weeks ahead. It's not going to cost an arm and a leg for them to be producing with stage 1 plant costing $7.5m and they will make that back in less than a year.

    This is n't getting ahead of ourselves either, just read the announcement again and then pinch yourself, because it's real.

    I bought in for the lithium alone, but now I'm confident if there's no lithium found at all.
 
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Last
1.5¢
Change
0.001(7.14%)
Mkt cap ! $2.319M
Open High Low Value Volume
1.5¢ 1.5¢ 1.5¢ $5 334

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Price($) Vol. No.
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Last trade - 11.11am 04/10/2024 (20 minute delay) ?
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