GNM 0.00% 1.2¢ great northern minerals limited

Ann: OHD Trials Continue to Excel, page-170

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    Of greater interest will be the finances and expenditure on exploration and associated services. Keep in mind that they had just under $4M by March 2017. Assuming there will be no receipts for foreseeable future, they'll need to raise a significant amount of funds at some stage considering your three bazookas are all chewing up funds. One could assume that the upcoming PFS may involve a pilot which in itself could run into the tens of millions. For those wondering why the SP is dropping, this could very well be the reason. Hopefully the SP holds $0.02 as a substantial discount will be required to raise funds for said OHD plant assuming they go it alone which looks more likely given the preliminary nature of results to date.
 
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