GRV greenvale energy ltd

5.13%

4.1¢

Ann: Change in substantial holding, page-19

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hc99

1,063 Posts.

55

12/05/25

16:23

Post #: 79010892
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Originally posted by MaxHenry: ↑

I read it differently.

"Once the modifications have been completed, which is expected to take six to eight weeks, a six-month test program will commence with the aim of producing as many bulk samples as possible within that timeframe. Bulk samples will be produced using toluene as carrier with the use of different catalysts and using THF as carrier with no catalyst. The bulk samples will then be sent to Technix in New Zealand for identification and product certification."

6 to 8 weeks modifications
Then a six month test program.
They will then be sent to Technix for certification (which is hopefully successful).

Add this to the proven fact that they are late with everything and we are well into 2026 before we know our fate.

I would love to be wrong but I was just posting an opinion on why the share price is stagnant.

We are exploring for uranium that we are not currently allowed to mine and we don't expect much news from Alpha for a while. So there is no urgency to bid up the price. Hopefully both of those things change asap.

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I totally agree GRV cant meet a deadline to save themselves...... and running late is the standard for them.
However, I do know definitively that after each individual test at Monash the bulk sample result will be sent to NZ, as that is what Mark Turner recently advised me. So Technix will be testing results way before 2026.

GRV Price at posting: 4.9¢ Sentiment: Hold Disclosure: Held
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Last 4.1¢		Change 0.002(5.13%)		Mkt cap ! $22.31M

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Ann: Change in substantial holding, page-19

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