GRV greenvale energy ltd
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Ann: Quarterly Activities & Cashflow Report, page-2

  1. ddzx
    37,911 Posts.
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    16/01/17
    10:10
    Post #: 21914849
    Strategic direction and acquisitions
    During the quarter, the Board continued to actively assessed potential acquisition opportunities in the exploration sector. An option fee of $50,000 was paid for the right to exclusivity of a certain asset and GRV is currently seeking the necessary regulatory approvals. The Company will make a further announcement as soon as information comes to hand.

    Cash at end of quarter
    $2,343,000

    Estimated cash outflows for next quarter
    $205,000

    Quoted securities at end of current quarter
    93,355,357
    Last edited by ddzx: 16/01/17
    GRV Price at posting: 4.4¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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