Note that Greenvale are also looking at selling other stuff from Alpha as well!
From the commercialisation report:
"....Products and Marketing
These products will include:
• Wholesale Electricity
• High-quality bitumen products
• Refined liquid petroleum products
• Industrial carbon products are produced from the spent Torbanite,
• Sulphuric Acid...."
Also regarding the estimated maximum $200M capex, hopefully this can be raised from a mixture of Offtake prepayments, Climate change government grants and low interest loans which would hopefully mean a not too substantial equity raise. If due to these other methods of raising capital, they only need to say issue a further 200m shares at say 50c then total SOI could be in the vicinity of 600M (currently 400m + 200m). On this basis - we may see a nice share price in the dollars on Alpha alone in the forseeable future.
And then there's the lovely Georgina.........
Please dyor - these are my mere dreamy thoughts and hopes and not sposed to be financial advice at all so please don't rely on it.
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Ann: Commercialisation Pathway for Alpha Torbanite Project, page-34
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