GRV 1.96% 5.0¢ greenvale energy ltd

440 bcf total gas incl 26.4bcf helium and 26.4bcf hydrogen. 440...

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    440 bcf total gas incl 26.4bcf helium and 26.4bcf hydrogen.
    440 -26.4-26.4 = 387.2 bcf natural gas.
    Here's an excerpt from the GRV 14.11.2023 RRS presentation;
    "Opportunity for near-term cash-flow from natural gas production linked to existing infrastructure (North & East Coast markets)"
    Existing infrastructure means the existing gas pipeline from nearby EP145 to Darwin.
    I think the natural gas component of the West Walker project is compelling and the "near-term cash-flow" above may end up contributing to Alpha funding.
    Talk about dilution !! if this project can help get the share price up then capital raising can be done at a much higher share price.
    The in ground value of the above gas reserves estimate is many billions of dollars. And we have Mark Turner with his decades of Oil&Gas experience and Neil Biddle's incredible geology background to make it happen.
    Worth a red hot go imo !!!
 
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