Past year: ▼ 62%(2.10c – 5.50c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
30 July 2008quarterly activities report▼ BadMajor
June 2008 quarter: 20% Glassford JV interest sold for $30,000, and Mobotec rights terminated after the shale performed poorly for emissions use. Global Resources reports 3 barrels per tonne from Alpha shale. Resolves the Mobotec thread negatively.
23 June 2008director officer appointment● Neutral
Secretary Gary Douglas retired on 19 June 2008 after 30-odd years. Boss Energy's Winton Willesee was appointed Joint Company Secretary, continuing Boss's growing presence in management.
19 May 2008director officer appointment● Neutral
Boss Energy director Joseph Obeid joined the Greenvale board; Elizabeth Stoliar retired after 24 years. Adds a second Boss Energy figure to the board after Robert Grover.
1 Feb 2008director officer appointment● Neutral
Brian Robert Taylor was appointed Secretary of Greenvale on 31 January 2008, as joint company secretary. Routine administrative change.
20 Dec 2007asset acquisition disposition● NeutralMajor
Boss Energy completed its purchase of Greenvale shares on 20 December 2007 under the call options. Completes the deal that began with the 24 October options; the text gives no share number or price.
11 Dec 2007other● Neutral
Following queries, the company repeats that the tested shale lacked enough calcium and magnesium oxide for sulphur absorption, and past results will be searched for better shale. Microwave pilot plant still needs Queensland approval; Alpha samples sent to Global Resources.
11 Dec 2007other● Neutral
Duplicate of the 11 December 2007 joint announcement, filed under Esperance Minerals: shale lacked enough calcium and magnesium oxide, pilot plant awaits approval, Alpha samples sent to Global Resources. No new information.
6 Dec 2007other▼ Bad
Mobotec USA's first tests suggest the old 1982 weathered shale lacked enough calcium and magnesium oxide to absorb sulphur oxides; NOx and mercury absorption look fine. Company must find better shale. A setback for the emissions-technology plan.
14 Nov 2007admin correction● Neutral
Clarification that the day's option-exercise announcement refers to Appendix 3Y notices lodged on 29 October 2007, issued after several inquiries. Administrative; no new information.
14 Nov 2007other● Neutral
Greenvale confirms Captain Starlight Nominees exercised its call option; Appendix 3Y notices to follow. Confirms the Boss Energy-linked option exercise from the company's side, with no new figures.
14 Nov 2007other● Neutral
East Coast Minerals announcement that Captain Starlight Nominees exercised its call option, with Appendix 3Y notices to follow. No figures given; it is the same option package that covered Greenvale and Esperance.
13 Nov 2007asset acquisition disposition● NeutralMajor
Boss Energy says its nominee exercised the call options over Greenvale shares on 13 November 2007, giving it an interest in a company controlling Queensland oil shale projects. Resolves the 24 October options; no price or share count in this text.
29 Oct 2007other● Neutral
Boss Energy lodged a substantial holder notice: relevant interest in 2,200,000 Greenvale shares (10.09%) via call options dated 24 October 2007, including shares held by Leslie White, Lorentz, Stoliar and related entities. Stated consideration $7,559,791.52.
29 Oct 2007asset acquisition disposition▲ GoodMajor
Boss Energy and two other Findlay Stockbroking clients were granted call options on 24 October 2007 over shares in Greenvale, Esperance and East Coast Minerals. Exercise depends on further due diligence. This is a possible change of control, not yet decided.
27 Sept 2007annual report● Neutral
2007 annual report, text truncated to the governance statement. Leslie White remains Chairman and CEO, there is no audit committee and no independent majority. KPMG has been auditor since 1972. No financial figures visible.
4 Sept 2007other● Neutral
Imperial Petroleum Recovery of Texas quotes US$1,000 a day for the 150-barrel-a-day microwave unit including royalties, plus US$3,000 a day for two experts. Unit available April/May 2008. Puts a cost on the pilot trial.
27 Aug 2007material agreement▲ GoodMajor
A US microwave oil-extraction firm has offered a 150-barrel-a-day pilot plant for six months from Q2 2008; the companies plan to accept and have signed a non-disclosure agreement. Company says cost is negligible. Not yet a binding trial agreement.
27 Aug 2007material agreement● Neutral
Re-release of the 27 August announcement of the offered microwave pilot plant for trials on Alpha, Nagoorin and Lowmead shale. No new information.
27 July 2007admin correction● Neutral
Amended June 2007 quarterly report. Content matches the original, with a typo corrected ('vale' to 'value'). No new information.
23 July 2007capital raising announcement● Neutral
Directors extended to 21 January 2008 their discretion to place options not taken up in the 1-for-2, 40-cent options rights issue. This suggests some options were left unsubscribed (inference); no take-up figures given.
12 June 2007other● Neutral
Greenvale bought 137,300 more Esperance Minerals contributing shares, lifting its holding to 3,616,600. No price given. Small cross-holding change between the two related companies.
7 June 2007other● Neutral
Esperance Minerals, Greenvale's joint venture partner, bought 110,000 more Greenvale shares, taking its holding to 3,589,300 fully paid shares. No price given.
26 Apr 2007regulatory community update● Neutral
Re-release of the 26 April progress report on the Melbourne Institute seminar and Indian delegation meeting. No new information.
26 Apr 2007regulatory community update▲ Good
Chairman met an Indian power-industry delegation in Brisbane on 20 April, which agreed to a technical appraisal of the licensed emissions technology; their coal will be tested in Idaho with Lowmead and Nagoorin shale. Early-stage, no contract or funding secured.
11 Apr 2007regulatory community update● Neutral
Progress report: microwave oil-extraction samples sent to Global Resources (company cites about $30 a barrel energy cost), and Mobotec says it is close to a Korean boiler deal using the licensed technology. Company says its tenements hold some 8 billion barrels on solvent assays, a company claim; no agreements signed.
11 Apr 2007regulatory community update● Neutral
Re-release of the 11 April progress report on microwave testing, a possible Korean boiler deal and Indian interest. No new information.
15 Mar 2007regulatory community update● Neutral
Greenvale and Esperance report permission to bulk sample Alpha has been received, resolving the pending approval. Samples are being lined up for several oil-extraction and emissions tests; a microwave firm is to say how much sample it needs. Company claims only, no results.
15 Mar 2007regulatory community update● Neutral
Re-release of the 15 March progress report: Alpha bulk-sampling permission received and several extraction and emissions technologies to be tested. No new information.
12 Mar 2007half year report▼ Bad
Half-year to 31 Dec 2006: net loss $335,030 (versus $176,480 a year earlier). Cash fell to $715,665 from $1.01M at June; net assets $3.44M, down from $4.85M mainly on a $1.24M investment value fall. Interest-bearing loans $1.35M.
5 Feb 2007investor presentation● Neutral
Joint shareholder letter citing the UN climate panel and arguing the INL emissions process cuts NOx by 70% and SOx by 50%. Company expects about US$40 a tonne for crushed oil shale. These are company claims; no new agreements or results.
