Ann: Alpha Torbanite Project Update - Test Program Four, page-5

Potentially massive year for GRV in 2024. The ducks are lining up for Alpha which is likely to be a multi billion dollar monopoly in the not too distant future ( current bitumen all imported into Oz and worth around $1.5b annually- to be corrected please if I am off the mark there). Current market cap of a measly $35m completely underplays the potential of Alpha and the ongoing demand for the critical bitumen product ( which is a key element of asphalt). I would think a huge re-rating post offtake agreements and/or the PFS with a potential spin-out possible….just my guess.

Then we have the huge potential of the recently acquired helium project in the Amadeus basin, plus the Geothermal project.

Hard to see how it will not be a great year in 2024 for we patient long termers. Anyone coming in now is just too darned lucky, in my humble view.

Happy New Year everyone- we’ll put down 2023 to the year of the hard slog!!