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7.69%

1.4¢ great northern minerals limited

Ann: Response to ASX Query, page-20

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Artvandelay01

2,651 Posts.

407

28/09/20

21:49

Post #: 47690730
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Originally posted by ronme: ↑

The 85million shares were issued last month at 1.9c.
we are waiting on the following drilling results from the lab;
• the remaining 6 holes with 4 metre spacing drilled at Big Rush;
• the heap leach results to ascertain if there is enough gold in those piles to truck it to a processing mill to get cashflow and not worry about additional equity issuance;
• then all the drill holes 1 metre spacing from Big Rush;
• the follow-up drilling plan before Xmas with a diamond drill rig to go deeper than 200 metres depth to ascertain if GNM has the "next Forrestville" as the geological rock structure to date appears quite similar and has geologists that have examined the rock structure excited to date.

so lots of news to come but do your own research and interpretation and make up your own mind if you want to part of this potential gold explorer or not. Your own investment decision to make and no body else.

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Good post ronme. Lots of newsflow to come and GNM are on the front foot with comms vs many microcap
companies whose comms/IR leave a lot to be desired.

And my bad on the placement price - you’re right it was 1.9c not 1.8c.

On the subject of director buying, an article in today’s Read Window nails it.

GNM Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 1.4¢		Change 0.001(7.69%)		Mkt cap ! $2.010M

Open	High	Low	Value	Volume
1.3¢	1.4¢	1.3¢	$5.402K	390.4K

Buyers (Bids)

No.	Vol.	Price($)
3	449850	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	127527	2

View Market Depth

No.	Vol.	Price($)
3	449850	0.013
1	128897	0.012
5	699392	0.011
7	1779995	0.010
4	1033429	0.009

Price($)	Vol.	No.
0.014	127527	2
0.015	182565	3
0.019	210000	1
0.020	26667	1
0.023	480399	2

Last trade - 10.53am 23/08/2024 (20 minute delay)

GNM (ASX) Chart

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