all i was saying is we do not have a clue what the bitumen is...

all i was saying is we do not have a clue what the bitumen is possibly worth. generally companies issue Scoping Studies to offer shareholders some rough indications. its rare to wait 2 years for only a BFS

if GRV issued a Scoping Study, if would have provided more certainty

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During 2019 SRK Consulting (Australia) Pty Ltd (SRK) was engaged to reassess the project strategy. This resulted in a report by SRK setting out a potential new development strategy, which is based on the production of a diversified suite of value-added products.
SRK noted that, in contrast with typical oil shale deposits, the Alpha Torbanite is exceptionally high-grade, containing up to 650 litres of hydrocarbons per tonne of torbanite, and is capable of producing high-value bitumen, light crude oil and activated carbon. Additionally, the Torbanite has the ability to deliver high-quality value-added products through appropriate investment in processing infrastructure.
SRK has recommended a staged work program which will initially focus on the extraction and analysis of torbanite and cannel coal bulk samples from trenches or costeans from one location in order to fully characterise the deposit, as well as undertaking a comprehensive retort testing program across a range of conditions to assess optimal outputs.

'SRK scoping study completed in 2019 determined a base case gross revenue of $1 billion over 10 year mine for Alpha'