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2.5¢ greenvale energy ltd

Ann: Greenvale Receives R&D Tax Incentive Refund, page-7

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andrew1401

148 Posts.

83

18/07/24

16:00

Post #: 74815141
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Originally posted by Von Brokenburger: ↑

This is from Mosmans report 15th July..

EP 145
The Operator (Greenvale Energy Ltd) has been advised by the NT government department that they would approve or request modification to the submitted EP145 2D Seismic Environmental Management Plan (EMP)on or before 26 August 2024.

The Company has also been advised that, due to the upcoming Northern Territory elections, theNT Government will go into caretaker mode from 1 August 2024 until the election is completed and the new Government is sworn in by the Administrator. During this period, the Government assumes a "caretaker" role and avoids making major decisions such as approval of Environmental Management Plans. Greenvale Energy has therefore applied to the NT Government to extend the current permit year commitments by six months to February 2025 to allow for the completion of the planned 2D seismic and to keep the permit in good standing.

So looks like the seismic will be later in the year.

Expand

So:

* Alpha on hold until T5&6 are completed - no timelines on this.
* EP 145 on hold until late 2024.
* Geothermal ........?
* New thing .......?

Not a lot to optimistic about. Plenty to be pessimistic about.

GRV Price at posting: 3.6¢ Sentiment: Sell Disclosure: Held
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