GRV greenvale energy ltd
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Yes, the MRE announcement is ambiguous in relation to hybrid...

  1. gobris
    1,645 Posts.
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    11/03/22
    14:57
    Post #: 60140954
    Yes, the MRE announcement is ambiguous in relation to hybrid solar/gas vs geothermal/lithium.
    There should have been two separate announcements. Firstly a stand alone MRE announcement. This could have been a "very positive announcement" indeed especially if it included narrative and metrics about the bitumen market and GRV supply.
    Secondly a stand alone announcement about the geothermal/lithium project including how this development would fit into the overall Alpha project.
    The market wants clarity and as a general rule multiple ASX announcements about single topics is the way to go!
    I request that the company clarifies how the geothermal/lithium project fits in!!
    GRV Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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