Alpha: The March 10 announcements confirmed what many of us already believe and have hence invested in GRV. The project has the potential to reward investors well. However, the project is a carbon based project and will not get off the ground unless there are sufficient offsetting carbon credits to do so. Clearly, the proposed solar/hybrid power source is insufficient to provide the carbon credits needed, hence the shift in focus to geothermal/lithium. Geothermal/lithium is in it's infancy, and while there are some small scale projects being trialed, and the concept is exciting, there are no major commercially viable projects in operation. We have gone from what should now be a DFS being provided, to a PFS that will not be rolled out until a Geothermal/lithium project can be incorporated in to the Alpha project to make it carbon neutral and hence viable.
Georgina: The lab results are now being compiled. These should be available to GRV very soon, if they do not already have them.
GRV management needs to be more communicative with those who have shown faith in them and provide market information on progress and timelines. Without this, support will wane.
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