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2.6¢ greenvale energy ltd

General Discussion, page-95

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sahmee

9,034 Posts.

546

07/05/24

16:13

Post #: 73707884
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Originally posted by andrew1401: ↑

I suppose management can only position GRV as attractive to buyers if they have some positives to sell. There is much missing data and obstacles ahead that would deter a serious investor:
* No updated MRE.
* Still incomplete testing and results from Test 4.
* No bulk sample results or certification from Technix in NZ..
The above are necessary for the PFS.

A serious investor who has been watching would be aware that GRV. with almost no exception, does not meet timelines.

More:
* No information on when or how a Pilot Plant may materialise. The Pilot Plant's operation will be critical to finalising the engineering design and development of the real deal on site.
* Environmental approvals. This will be a big one, and will take a long time and can certainly be a show stopper.
* Marketing. This can not happen in earnest until at least a positive PFS appears. Even then, any potential customer will have caveats in place.

I am hopeful the project eventuates, but the level of information and enthusiasm from Management and this forum are daunting.

Expand

no argument from me, Mark, Neil, Leo are rubbish at defining and delivering their own public timeline.

Pilot plant comes after the PFS and I imagine will be a key part of the DFS.

GRV Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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Last 2.6¢		Change 0.000(0.00%)		Mkt cap ! $11.92M

Open	High	Low	Value	Volume
2.6¢	2.6¢	2.6¢	$12.27K	472K

Buyers (Bids)

No.	Vol.	Price($)
1	65000	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	41928	2

View Market Depth

No.	Vol.	Price($)
1	65000	0.026
2	41000	0.025
2	120271	0.023
5	392954	0.022
3	300100	0.020

Price($)	Vol.	No.
0.028	41928	2
0.030	306056	2
0.031	170332	1
0.035	500000	1
0.040	21150	1

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