GRV greenvale energy ltd
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at the risk of repeating again...Test 6 will refine and validate...

  1. sahmee
    10,382 Posts.
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    31/10/24
    10:18
    Post #: 76392381
    at the risk of repeating again...

    Test 6 will refine and validate metrics successfully trialed in test 5, that will produce c170 and go into the PFS. Stated formally or not, at the successful conclusion of test 6, $12-15b of insitu bitumen is PFS locked in.

    A $25m cap (5c) is no achievement at all. Even $50m cap (10c) is hardly achievement worthy of free shares. $50m cap would be an expected, logical culmination of work done to date.

    The board should revise the performance shares to realistic levels.
    Last edited by sahmee: 31/10/24
    GRV Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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4.1¢ 		Change
0.002(5.13%) 		Mkt cap ! $22.31M
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4.2¢ 88090 2
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