GNM 0.00% 1.2¢ great northern minerals limited

Zero Value Created, page-50

  1. 288 Posts.
    lightbulb Created with Sketch. 51
    @Smoking you are vindicated !!.

    You hit it straight on the nail 3 mths ago...

    Shareprice almost at an all time low .....does this mean that:
    1) the management/board have not created any equity value for their shareholders. <Tick>
    2) the only people to have potentially made money from this company are the employees and brokers <Tick>
    3) Capital expended has eroded value and not created <Tick>
    4) CR that will be needed in the next quarter may well be a struggle or at highly dilutionary prices <Tick>

    We have been scr*wed...

 
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