GNM 4.17% 1.2¢ great northern minerals limited

A TH seems to imply that the results are unexpected since that...

  1. 6,496 Posts.
    lightbulb Created with Sketch. 51
    A TH seems to imply that the results are unexpected since that it was already flagged with the market. Since I doubt the trials killed the plants I'd say the yields will be an impressive result.

    The market needs to see some faster movement or earlier timeframes from GPP though - there is not the appetite around at the moment for waiting. Pilot plant being commercial as mentioned above and providing revenue to help fund a large scale plant, or something along those lines is needed.

    Always the possibility of one section of the company being spun off IMO also. There are 3 main business opportunities of GPP - all of which could rightly have a MC of GPP itself. Indicates 3 x potential to me.

    I see 3 / 3.1c as resistance (a close above 3), followed by 4.4c, which is highly realistic IMO. Also of note there is a gap to fill between 4c & 4.1c.

    Oppies will start to lead on any serious rally - they trade with no time premium which is crazy.
 
watchlist Created with Sketch. Add GNM (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
-0.001(4.17%)
Mkt cap ! $1.778M
Open High Low Value Volume
1.1¢ 1.2¢ 1.1¢ $2.904K 260.5K

Buyers (Bids)

No. Vol. Price($)
2 289525 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 4396 1
View Market Depth
Last trade - 11.10am 28/06/2024 (20 minute delay) ?
GNM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.