Re my post on 6.2 above, I realise now the link could not be...

Re my post on 6.2 above, I realise now the link could not be opened- apologies.
Here is the full report on GRV, on 6.2, by repected minerals/resources journalist Barry FitzGerald.

"GREENVALE (ASX: GRV)

Neil Biddle identified the lithium opportunity way before anyone else in this market and set about establishing Pilbara as a finder/developer of the stuff while everyone else was asleep at the wheel.

A veteran explorer more than a mine operator, Biddle moved on from Pilbara with a personal brief to find another opportunity in the resources space, and like his vanguard move into lithium, he settled on one outside of the square - torbanite of all things.

A rare type of oil shale, torbanite yields big amounts of high-value bitumen, light crude oil (used to spray bitumen) and activated carbon which can sell at particularly fancy prices. Critically, Biddle was able to secure Australia’s only known torbanite deposit, near Alpha in central Queensland.

Here was an opportunity to set up a strong cash flow business that would help replace Australia’s dependency on bitumen from our friends in China and elsewhere in Asia.

The project was backed into Greenvale (GRV) and work to date has confirmed the torbanite, and the cannel coal seams at the Alpha project do in fact yield up to 179 litres per tonne for more than 22 million barrels of synthetic oil equivalent.

But it is an emissions-intensive business that would quite possibly struggle to get environmental clearance.

Not perturbed by that, and showing the same sort of big picture thinking that got the now $7.6 billion Pilbara into the lithium space, Biddle has come up with a cunning plan to offset emissions from the retorting of tonalite by getting into the greener than green geothermal energy business.

Its entry into the business is through a staged scrip deal to acquire the privately held Within Energy which has its foot on potential geothermal energy sources near Brisbane, Maryborough and Gladstone.

The geothermal targets are shallow (cheaper to drill and rig up), and using the binary cycle plants now used extensively in the US and Europe, they would only need to yield 100-120 degree reservoir water to produce green power.

Being green means the geothermal power could potentially be eligible for carbon credits as well as renewable energy credits, enabling Greenvale to present an integrated Alpha/geothermal business case for the required approvals on a net-zero carbon emissions basis.

And potentially at least, geothermal power surplus to needs could be sold to others.

As part of the swing into the geothermal space, Greenvale’s early-stage exploration effort in the Georgina Basin for new IOCG copper-gold deposits is being moved across to the ASX-listed Astro (ARO).

Astro will acquire 80% of the Georgina Basin play in return for the issue of a 19% stake in the company to Greenvale and a 2% production royalty, should the Georgina Basin exploration interests eventually deliver a mine. Biddle will also be joining the Astro board.

Biddle will be on hand at next week’s Resources Rising Stars conference on the Gold Coast (7-8 June) to run through the push into geothermal power, and his plans for the development of Alpha. Many in the room will have followed Biddle from back when Pilbara was a 5c stock with a lithium idea.

Greenvale has come up from a recent low of 15.5c to be trading at 18c on news of the geothermal push. But that remains well short of the 52-week high of 66c when enthusiasm for the Georgina Basin exploration effort was overdone, given its exciting but early-stage status".