GNM 4.17% 1.2¢ great northern minerals limited

Todays Trading, page-60

  1. 6,158 Posts.
    lightbulb Created with Sketch. 764
    If we look at July and August's trading - very low volume for the whole month - total around 60mill volume in July and around 100mill in August.

    gpp3.jpg




    gpp1.jpg


    I still think, being the ever optimist (that's why I'm still here!), that all it takes is some nice news - excellent trial results, NT SOP results, Guyana Morabisi - and in my opinion should be heading past 2c towards 3c again very quickly.

    What happens if the Commercial Plan is released? How will the market react?
    My guess is a lot are waiting on the sidelines for some more clarity regarding the OHD Project.

    Despite saying all this, I also think in my opinion we may need a few big volume days to purge some stale/despondant holders who want out. That's okay even though I still estimate most are holding after buying around/past 2.5c so anything under this I estimate people would still be selling for loss

    We will see - graph looks like we may be turning or at least have bottomed here perhaps.

    Excited for next few months short term future and look forward to our projects being derisked further

    gpp2.jpg
    Last edited by ans25: 30/08/17
 
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.