GNM 0.00% 1.3¢ great northern minerals limited

Ann: Quarterly Activities Report, page-14

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  1. 8,325 Posts.
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    To be fair business decisions and subsequent action takes time.
    However, l am a little disappointed with the news of progress.

    The good news......cash is in the bank...approx $4m.
    OHD may well have serious progress with results of plant testing due in May. (Assumption)

    NT brines stalled awaiting exploration licences.......l previously thought the progress was made following aquisition, but previous ann NOW seems to refer to due diligence. And as such may not include any pending data for now.

    Guyana tantalum......disappointed they have not compled aerial surveys yet...this is a swift process and can be completed in just a few weeks, so why has this not been actioned? Given the latest Guyana news article, one would have thought it was iminent, not months away. Furthermore, the rock samples seem late, not that they really matter long term unless theyre poor.

    Maybe on the news given SP might get back to 3 and become short term support till disclosure of business arrangements going forward for OHD offtakes.
    IMV the 3 bazookas appear to have become just 1 in the short / medium term. All good if your LT.
 
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