GNM 0.00% 1.3¢ great northern minerals limited

Although a lot are suggesting that the OHD project is to be...

  1. 6,574 Posts.
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    Although a lot are suggesting that the OHD project is to be buried, back burner etc, IMO it will be the first project that this mob may get some runs on the board with, while Morabisi goes wet weather hibernation.
    We can all only surmise why the application for a grant was rejected, hopefully with another round of CRC project grants available in February 2018, we have our act together and as indicated on the government web site they may have gotten feedback of why we failed.
    Screen Shot 2017-12-14 at 9.36.36 AM.png
    The indication that the soon to be received "Market Report" will be a driver of a more successful application but also hopefully another key component of getting the "Commercial Plan" out there. We are still going to go ahead with the build of PDU, but unless we have available Bio-Stimulant oils available then the timing of the broad acre trials may be pushed back.

    The annoying aspect (all IMO) of this company is not only their consistent willingness to put up timelines that are impossible to be achieved - (I know market wants indicators) but also the back tracking of plans (they did indicate they were at least going to drill 2 - 3 holes at Turesi Ridge) and also they were very clear that drilling in the dry season was preferred but not necessary with rain only making moving rigs around slower but not having a great effect on the actual drilling.... fluff and bubble from the feedback of the AGM was they may be positioning rigs there already!

    Get them banka drilling results out there...... but maybe someone more adept @Scarpa - is an average of 3.5 metre per hole enough to get the information they were seeking?

    Also would of liked to have seen all the (150?) assay results and not just the 11 reported, but just 4 weeks for more anticipated Turesi results but will get slightly pushed out by the festive season ?

    and never mind the brokers etc are on holidays, money never sleeps.........

    all IMO

    cheers
 
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