GRV greenvale energy ltd
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In 2021, GRV releases advised that they expected ~150l/tonne of...

  1. andrew1401
    155 Posts.
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    12/12/23
    14:50
    Post #: 71406651
    In 2021, GRV releases advised that they expected ~150l/tonne of synthetic oil equivalent from canel coal and 690l/tonne from torbanite. They further advised that they expected to mine 700ktpa over 10 years of mine life. With a current expected recovery rate of 85%, this is about 590,000 tones of saleable product per year. C170 bitumen is currently around $1500/tonne. These are impressive numbers. Now that we are almost in to 2024, with better recoveries, longer mine life, a product Australia needs, and better pricing expected, lets hope GRV can bring this project to fruition. I think they are on track to do so.

    Your comment regarding the under awareness of GRV's Alpha project is, in my view, spot on.
    GRV Price at posting: 8.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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4.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $21.77M
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4.1¢ 4.1¢ 4.0¢ $623 15.5K

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4.0¢ 85000 1
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Last trade - 10.04am 18/06/2025 (20 minute delay) ?
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