GRV greenvale energy ltd

no. i never said it was a dud, otherwise i would not hold some...

  1. 37,911 Posts.
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    no. i never said it was a dud, otherwise i would not hold some stock (bought recently)

    i was a subscriber to the 1.9 cent capital raising, although back then i didn't have a clue that Biddle was interested in the bitumen.

    i am just saying the discovery of Olympic Dam was both rare and took many drill holes

    if the Georgina Basin drilling is a dud or is not immediately successful i doubt this will affect the share price very much because it appears the company is based on the bitumen deposit and the Georgina Basin is merely a bonus

    for me, the Georgina Basin ground is worth $15M, say $30M max

    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

    so now we rely on general guesses and the share price of the performance shares given to Biddle as indicators


    regards

    regards
    Last edited by ddzx: 08/10/21
 
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Last
3.6¢
Change
-0.002(5.26%)
Mkt cap ! $19.59M
Open High Low Value Volume
3.8¢ 3.8¢ 3.6¢ $26.19K 726.4K

Buyers (Bids)

No. Vol. Price($)
2 20369 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 38499 2
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Last trade - 10.45am 23/06/2025 (20 minute delay) ?
GRV (ASX) Chart
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