no argument from me, Mark, Neil, Leo are rubbish at defining and...

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sahmee

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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.

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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 4.0¢		Change 0.000(0.00%)		Mkt cap ! $21.77M

Open	High	Low	Value	Volume
4.1¢	4.1¢	4.0¢	$623	15.5K

Buyers (Bids)

No.	Vol.	Price($)
1	20000	3.7¢

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Price($)	Vol.	No.
4.0¢	85000	1

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No.	Vol.	Price($)
1	20000	0.037
2	78850	0.036
1	100000	0.034
2	381307	0.026
4	817800	0.025

Price($)	Vol.	No.
0.040	85000	1
0.041	73039	1
0.042	1613	1
0.044	60000	1
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