GRV greenvale energy ltd
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Priced to be mothballed, page-8

  1. sahmee
    10,587 Posts.
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    03/11/22
    14:56
    Post #: 64571398
    I think the market over reacted to the 9%. And all it shows is that when catalyst #1 and #2 are mixed together, the yield drops substantially.

    ButdDo the calc that's not shown in the table... B1 HT (16%) and F2 HT (35%)
    both 340-345 degrees at 3,500kPa with catalyst #1...

    70:30 cannel coal to torbanite and it yields 22% hyrdocarbons.

    So 500kt tonnes in and 110kt tonnes of hydrocarbons out. Turn that into bitumen at 45-55% (I guess) at $1600 a tonne and its a lot of money.

    https://hotcopper.com.au/data/attachments/4806/4806288-15c45ae36bd00a9d9f4d4e167f7b14df.jpg


    https://hotcopper.com.au/data/attachments/4806/4806291-149a1e459a88df4509f3169109df462a.jpg
    Last edited by sahmee: 03/11/22
    GRV Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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