GNM 0.00% 1.1¢ great northern minerals limited

Ann: Trading Halt, page-56

  1. 6,158 Posts.
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    Not having a go at anyone, but when people want to invest in stocks, I think people should read previous announcements before speculating etc etc (probably due to the excitement!)

    Today we had a TH with the following announcement, notice the language!:

    gpp1.jpg



    In July earleir this year, GPP had a Capital Raise - please see the language in the relevant annoucement below

    gpp2.jpg




    My opinion (of course I could be wrong but to me it seems the most plausible at this stage of our journey!) is simple - READ THE PREVIOUS ANNOUNCEMENT IN SEPTEMBER when the heads of agreement was made with GSM.
    We haven't heard this news as of yet and of course before we drill we need to know GPP's course of action!
    This annoucement IMO indicates GPP is bullish for the project (also could buy them a bit more time in regards to Assay results if you were a cynic as they are a bit delayed!)

    I have attached the relevant section below

    gpp3.jpg


    Probably the 30 day VWAP will be 0.02, that is what GSM will get

    gpp4.jpg


    All IMO of course and this is all guess work until we get something

    DYOR as usual and GLTAH
 
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