GNM great northern minerals limited
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They have about a million in the bank.They said on the VC call...

  1. ronme
    1,661 Posts.
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    21/10/21
    14:33
    Post #: 56971740
    They have about a million in the bank.

    They said on the VC call yesterday (go listen to it) they plan to drill 4 diamond drill holes and then put out a resource JORC.
    Then they anticipate a capital raising for the drill programme next year. However, they have a series of 1c and 2.2c mining call options.

    If the grades and JORC caused the share price to get above these current levels and above the option strike prices they could ask the major option holders to convert to shares and provide the drilling monies they need.
    GNM Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
1.4¢ 		Change
0.000(0.00%) 		Mkt cap ! $2.164M
Open High Low Value Volume
1.4¢ 1.4¢ 1.4¢ $1.12K 80K

Buyers (Bids)

No. Vol. Price($)
1 97219 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 54299 2
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Last trade - 10.35am 18/06/2025 (20 minute delay) ?
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