At the recent RRS presentation Mark Turner said that we will have the "third and final" Alpha Parr Reactor test results "just after Christmas".
A small delay but still on track for a game changing Q1 2023 PFS. Mark sounded very confident!
Lab test results will include the all important Bitumen yield from the liquefaction process together with details of by-products . Enough information I think to enable some back of the envelope calculations re the profitability of the project and corresponding Market Cap.
(I've already done a rough calc based on processed ore of 250kton per annum "mine blend" being 2 parts Cannel Coal at 12 % Bitumen yield plus 1 part Torbanite at 30% Bitumen yield, and at a Bitumen selling price of $1651 I had no trouble coming up with market cap of $400m or around $1.0 per share.
Lots of estimates included in my numbers and no cost for dealing with CO2 emissions included. Also no allowance for by-product profitability. But overall in the ball park I think.
- Forums
- ASX - By Stock
- Company Making Q1 2023 PFS
GRV
greenvale energy ltd
Add to My Watchlist
5.00%
!
3.8¢

At the recent RRS presentation Mark Turner said that we will...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $20.68M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.8¢ | $608 | 15.78K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 94711 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 73039 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 94711 | 0.038 |
1 | 20000 | 0.037 |
2 | 78850 | 0.036 |
1 | 60000 | 0.035 |
1 | 100000 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 73039 | 1 |
0.042 | 1613 | 1 |
0.044 | 60000 | 1 |
0.045 | 241924 | 2 |
0.046 | 50000 | 1 |
Last trade - 15.37pm 19/06/2025 (20 minute delay) ? |
Featured News
GRV (ASX) Chart |
The Watchlist
RML
RESOLUTION MINERALS LTD
Craig Lindsay, In-Country CEO
Craig Lindsay
In-Country CEO
SPONSORED BY The Market Online