GNM great northern minerals limited

Yeah I don't think more than one seller would be game to show...

  1. 10,093 Posts.
    lightbulb Created with Sketch. 1073
    Yeah I don't think more than one seller would be game to show their hand for fear of tumbling teh price to new lows.

    A few old questions updated in the presentations but would like to be in the room and actually ask the hard numbers on exact production, shipping and cashflow on a monthly basis.

    They won't get higher prices since BHP shut down up North but the good news is Indian steel production last time I looked was not collapsing.

    It is a odd little stock and I wouldn't want to be a big holder unless I was family and very long term as it is a very hard one to exit and with a lot of burnt instos I don't know how they will encourage a fresh crop of investors who will pay up when there may be no returs as they will use all cash for expansin and benefit teh OS company with more loan repayments.

    Normally a good line of credit and partner would be seen as a good thing but this one seems to incestious and doesn't provide me any confidence.

    Anyone know who teh presentations were for or were they just done by teh company as there were so many unanswered questions about teh structure so easier for them to release rather than get a ASX request?
 
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(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $3.092M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 200000 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 634638 3
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Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
GNM (ASX) Chart
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