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5.3¢ greenvale energy ltd

Ann: Greenvale Appoints CEO, page-29

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Crom Valen

44,246 Posts.

2012

18/07/21

17:31

Post #: 54585578
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Originally posted by Pooslice ↑

I've been doing even more thinking about this (as I tend to do - it's getting my brain to stop that's the problem )

I've concluded that IF we get lucky in the east tennant, taking a 'best case scenario', this company will be worth many billion almost overnight.

even without the east tennant, it's looking like a reasonable market cap with just alpha, will be multiples of hundreds of millions of dollars.

the capital required to extract the minerals in the east tennant will be mammoth. huge. galactic. which would require massive capital raises, or partnering up with a bigger player.

OR...... maybe the company would sell alpha to fund the development of the east tenant? leaving grv to develop the mine/s and extract the resources ON ITS OWN. without the needs for ridiculous dilution or ceding power to bigger players.

this then speaks to this rumour of dividing the asset, but also nets a result that's A+ for us shareholders.

all this just my opinion and the musings of guy who thinks too much. not advice etc etc.

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Well if we make a world class discovery then we either develop it ourselves, or sell it to a major. I guess we just have to look at the likes of SIR, SFR, CHN for local examples of what happens when you make a world class discovery.

GRV Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
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Last 5.3¢		Change -0.032(37.7%)		Mkt cap ! $23.77M

Open	High	Low	Value	Volume
8.4¢	8.4¢	5.3¢	$166.6K	2.765M

Buyers (Bids)

No.	Vol.	Price($)
3	380000	5.2¢

Sellers (Offers)

Price($)	Vol.	No.
5.4¢	100000	1

View Market Depth

No.	Vol.	Price($)
3	380000	0.052
4	184031	0.051
1	50000	0.050
1	54218	0.049
2	320000	0.048

Price($)	Vol.	No.
0.054	100000	1
0.055	350000	1
0.056	102452	2
0.057	327978	1
0.060	250333	2

Last trade - 14.54pm 07/06/2024 (20 minute delay)


Last 5.3¢			Change -0.032 ( 37.1 %)
Open	High		Low	Volume
8.4¢	8.4¢		5.3¢	649929
Last updated 15.16pm 07/06/2024 ?

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