GNM 0.00% 1.3¢ great northern minerals limited

Trading Today, page-1478

  1. 27,839 Posts.
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    it certainly looks to have found some suport at 2.2

    i think after the support at 26 broke, perhaps a major holder needed the cash elsewhere.

    But sellers have to ask if they are just going to follow the exit door with the new price set by who ever couldnt wait, or they really start to evaluate what they have.

    Lets see, what madness there is in suggesting a 10m mc? so we halve in price. That means 5m for the world disruptive ag, and 5m for a large stake of Guyana lithium.

    or , what the reverse , that the pfs of the ag triggers a re-rate to 50-60m mc and a tripple of price. then some guyana. and the seller has already taken his pants to the cleaners at 2.2c for his own madness.

    In essence, the probability of halving your money, or tripling it. imo.

    If this was a 100m mc, with ag pfs, and with drilling Guyana, i dont think would look out of place amongst the two peer projects added together.
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