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2.6¢ greenvale energy ltd

Ann: Investor Presentation - Resources Rising Stars, page-22

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sahmee

9,034 Posts.

546

09/04/24

09:30

Post #: 73251915
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Originally posted by Bitfit: ↑

Thats how mgt put it to me a couple of years ago when they first outlined production of 500k tpa. Of course the numbers could have changed since then! That said, its great that they are thinking of commencing Train 2 after completion of construction and commissioning of Train 1 to be then followed by Train 3 thereafter. So eventual production of a bare minimum 300K tpa of bitumen pa would be awesome.

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you are right. I misunderstood it previously. 500ktpa goes in, waste and base oil product comes out, then 30% bitumen yield is derived from the base oil.
it also means
$/t is more like $320 not $450
and resource is value is more like $9b not $13b

Originally posted by andrew1401: ↑

Yes - this is also my understanding of yield (112ktpa) for Stage 1. If these figures are proved correct in the PFS, I wonder what effect this is likely to have on the anemic SP. The news we have had since May last year, when Test 4 was commenced, has seen the SP fall. Test 4 should be at, or near completion (after almost 1 year). If the project is to succeed, surely the SP should start to reflect that.

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and yes, it has just taken so long but I think we are only a few weeks away from a new MRE

GRV Price at posting: 7.6¢ Sentiment: Buy Disclosure: Held
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Last 2.6¢		Change 0.000(0.00%)		Mkt cap ! $11.92M

Open	High	Low	Value	Volume
2.6¢	2.6¢	2.6¢	$12.27K	472K

Buyers (Bids)

No.	Vol.	Price($)
1	65000	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	41928	2

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No.	Vol.	Price($)
1	65000	0.026
2	41000	0.025
2	120271	0.023
5	392954	0.022
3	300100	0.020

Price($)	Vol.	No.
0.028	41928	2
0.030	306056	2
0.031	170332	1
0.035	500000	1
0.040	21150	1

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