Resource Rising Stars presentations this month with events in Sydney, Melbourne, Brisbane and Gold Coast ...
This should drum up some interest as it’s a fantastic growth story. The exposure to wealthy investors who are there to see other presentations on companies with much higher valuations- BGL which has MC 804 mill , BOE MC 319 mill, CTM 230 Mill . Then there’s little old GRV in its infancy with a paltry 87.5 mill MC. This growth story has to raise a few eyebrows on a current valuation perspective alone not to mention potential valuation taking a discovery in Georgina and the contracts that will flow from Alpha .
GREENVALE MININGASX: GRV / Shares on Issue: 377 million Market Cap: $87.5 million
Presenter : Neil Biddle, Managing DirectorGreenvale Mining has seen a remarkable transformation over the past year, with the installation of a new leadership team (comprising the core ex-Pilbara Minerals team of Neil Biddle, Tony Leibowitz and Alan Boys) with a clearly articulated two-pronged growth strategy that has seen a stunning increase in the Company’s share price of more than 1,200% over the past 12 months. Greenvale is working to unlock value from both its Alpha Torbanite Project in central Queensland and its district-scale IOCG exploration play at the Georgina Project in the Northern Territory. A maiden JORC Resource for Alpha is on-track for delivery in the current quarter, aimed at establishing a domestic source of bitumen supply (all of Australia’s bitumen is currently imported). At the Georgina Project, outstanding results from the recent Government-funded National Drilling Initiative have confirmed the potential for large-scale IOCG discoveries in the emerging East Tennant region, with Greenvale’s maiden drill program fast-tracked to July.
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