GNM great northern minerals limited
Add to My Watchlist 0.00% ! 1.4¢

They have about a million in the bank.They said on the VC call...

  1. ronme
    1,661 Posts.
    lightbulb Created with Sketch. 512
    clock Created with Sketch.
    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
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Bonanza Dittmer Drilling Hits 221g/t Gold in Stage 5 Intersection
right-arrow Created with Sketch.
NEWS FBR Executes Engineering Service Agreement with Samsung Heavy Industries
right-arrow Created with Sketch.
NEWS Agreement for Sale of Mount Mason Project to Gold Valley Yilgarn
right-arrow Created with Sketch.
NEWS Ministerial Approval Grants Provisional Authorisation for Battery Anode Material Facility
right-arrow Created with Sketch.
NEWS Pathological Complete Response Recorded in ACCENT Trial of Advanced Pancreatic Cancer
right-arrow Created with Sketch.
NEWS High-Grade Gold Hits Extend Major Lodes at Kpali Prospect in Ghana
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
1.4¢ 		Change
0.000(0.00%) 		Mkt cap ! $2.164M
Open High Low Value Volume
1.4¢ 1.4¢ 1.4¢ $2.333K 166.6K

Buyers (Bids)

No. Vol. Price($)
2 677219 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 34299 1
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
GNM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.