GRV greenvale energy ltd

Ann: Alpha Project and Corporate Update, page-88

  1. 155 Posts.
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    Sahmee: I hope UoJ does come up with a positive test result. The path from there is further testing with a yet to be found replacement for Technix. If that testing then proves positive, there should be a PFS to follow. A pilot plant would then be constructed to prove the process as well as many approvals that have to be navigated before we get to a DFS, funding, site construction and mining on site - and then production.

    This is a long and winding road.

    The financial reward for a successful Alpha is immense. However, I doubt the current management has the stomach for this timeframe - MT excepted. I have been a long term SH, but I have lost faith in management, particularly NB, to see Alpha through. Management has further shown an inability to pursue any of the projects it has floated in the past few years or meet timelines it has promoted.


 
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