GRV greenvale energy ltd

everyone before looked at gasoline and its doesn't compete on...

  1. 10,382 Posts.
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    everyone before looked at gasoline and its doesn't compete on cost or environmental grounds. That's why it was never developed as a gasoline project.

    SRK were the first, in 2019, to propose bitumen. Different product, different market. different process, different environmental concerns, different project all together.

    Leo and Vince weren't sure but Neil has just come in with Knox and saw the potential. He upsized it, and ran with it. GRV hit $250m mkt cap on the pyrolysis method, but gas turned out to be the limiting factor. Mark advocated liquefaction and got the job.

    And it works but its been more complicated than first envisioned. The bear market, delays and complications killed the share price.

    BUT they are at the end of the testing process and are subject to one more successful program are about to lock it in. Aaaand so far, it looks like they'll beat initial project goals

    Where were you the last 4 years?
    Last edited by sahmee: 05/11/24
 
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