Past year: ▼ 62%(2.10c – 5.50c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
27 May 2025regulatory community update● Neutral
Airborne magnetic and radiometric surveys totalling 7,300 line-km were finished over the Douglas River and Elkedra uranium projects, completing coverage of all NT projects. Detailed interpretation is expected within two months. Completes the survey work flagged as pending.
19 May 2025director officer appointment● NeutralMajor
Alex Cheeseman became CEO on 19 May 2025 on $300,000 a year plus 12 million performance rights, mostly tied to share price hurdles of $0.15 and $0.20. Neil Biddle moves back to Non-Executive Chairman. Fills the CEO role vacant since Mark Turner left at end-2024.
2 May 2025asset acquisition disposition▲ GoodMajor
Greenvale completed the Oasis Uranium Project acquisition (EPM 27565) after transfer approval, paying $200,000 and issuing 20 million shares to the vendors. Drill rig expected mid-May, weather permitting. Resolves the pending January 2025 deal and share issue.
2 May 2025contract award▲ GoodMajor
Greenvale re-engaged Monash University for Alpha Test Program 7 at a budgeted $622,000, to make bulk samples using Test Program 6's optimised conditions. Apparatus modifications take six to eight weeks, then a six-month program; samples go to Technix in New Zealand for certification.
30 Apr 2025quarterly activities report● Neutral
March 2025 quarter report recaps the completed Oasis acquisition, the $1.8M placement, Alpha Test Program 6 results (38.9 wt% conversion) and the $250,000 EP145 proceeds. Drilling at Oasis is now scheduled for the June quarter. Largely repeats known news; cash figures not visible in the text.
10 Apr 2025investor presentation● Neutral
Conference presentation by Executive Chairman Neil Biddle on the bitumen, geothermal and uranium assets. Based on the visible text, only disclaimers and competent person statements; no new results are apparent.
8 Apr 2025drilling result▲ GoodMajor
Alpha Test Program 6 gave the highest conversion yet, 38.9 wt% with zinc catalyst, and lower viscosity; THF solvent gave 36.2%. The company says it is close to premium C170 requirements. Progresses October's Test Program 5; Test Program 7 at Monash awaits apparatus modifications.
24 Mar 2025capital raising announcement● NeutralMajor
Greenvale raised A$1.8M in a placement at $0.048 per share (about 37.5M shares), an 18.6% discount to last close. Funds go to Oasis drilling targeted for April 2025, NT uranium work, Alpha Test Programs 6 and 7, and working capital. It is the first raising since the withdrawn June 2024 SPP.
What it means for a shareholder
37.5m new shares at about A$0.048 to raise about A$1.8m. That's 7.2% dilution: every existing holder's slice gets 7.2% smaller. If you held A$1,000 of shares (20,833 at the issue price), your slice goes from 0.00428% to 0.00397% of the company. To keep it you'd need 1,605 more shares - about A$77 at the issue price.
Create a free account to see this worked out for your own holding.
14 Mar 2025half year report● Neutral
Half-year to 31 December 2024: loss of $344,121 (prior-year half: $1,439,781) and net assets of $8,368,839 (June 2024: $8,276,617). Notes 15M shares issued on Biddle's performance rights conversion and 13,144,444 to Pioneer; Oasis consideration is $200,000 plus 20M shares.
13 Feb 2025investor presentation● Neutral
Conference presentation by Executive Chairman Neil Biddle on the bitumen, geothermal and uranium assets. Based on the visible text, only disclaimers and competent person statements; no new results are apparent.
29 Jan 2025quarterly activities report● Neutral
December quarter report recaps the Henbury, Tobermorey and Elkedra uranium deals, airborne surveys (3,588 and 9,879 line-km), Oasis acquisition, Test Program 5 results, leadership change, EP145 sale and $1.176M R&D rebate. Largely repeats known news; financials not visible in the text.
15 Jan 2025asset acquisition disposition● Neutral
The sale of EP145 to Mosman completed, with Greenvale receiving $250,000 plus GST and all conditions met. This closes the Amadeus Basin exit agreed in October. The company says it, with the R&D rebate, is funded for Alpha Test Program 6 Stage 1 and Oasis exploration.
13 Jan 2025quarterly activities report▲ Good
Greenvale received a $1.176M R&D rebate for FY2024 and started Stage 1 of Alpha Test Program 6 at the University of Jordan, testing longer reaction times, a different solvent and catalysts before Monash bulk testing. Mark Turner now manages this as a contractor. $250,000 from EP145 sale expected soon.
13 Jan 2025asset acquisition disposition▲ GoodMajor
Greenvale acquired 100% of the Oasis Uranium Project (EPM 27565, 90km2, Queensland, 50km west of Greenvale) for $200,000 cash and 20 million shares. Historic drilling reported intercepts up to 1m @ 0.72% U3O8. A new Queensland uranium asset, beyond the four NT projects; the company expects it to be upgraded to resource status in the 2025 season.
21 Nov 2024debt financing● NeutralMajor
Greenvale terminated the Pioneer subscription facility early, paying $2 million cash plus 13,144,444 shares at $0.022 for the balance. It expects about $1.9M cash and receivables afterwards; the $3M director loan remains undrawn. This closes the 2023 prepayment arrangement, at the cost of cash and some dilution.
20 Nov 2024asset acquisition disposition▲ GoodMajor
Greenvale signed a binding agreement with Gempart for an initial 80% of the Elkedra Uranium Project (EL33756, 566km2, NT), free-carried to a feasibility study, for about $10,000. The fourth NT uranium project after Douglas River, Tobermorey and Henbury; shallow drill targets cited.
20 Nov 2024agm notice● Neutral
All seven resolutions passed at the 20 November 2024 AGM, including the remuneration report (no strike) and re-election of Neil Biddle. Votes on the incentives for John Barr and Elias Khouri had about 43% against among proxy votes. Administrative result.
19 Nov 2024investor presentation● Neutral
Presentation for the 20 November 2024 AGM, positioning Greenvale around Alpha bitumen, Queensland geothermal and Northern Territory uranium projects. Based on the visible text, it carries no new figures or results beyond what was already announced.
19 Nov 2024director officer appointment● NeutralMajor
CEO Mark Turner resigned as director and will step down as CEO at year end, possibly staying as Alpha consultant. Chairman Neil Biddle becomes Executive Chairman with no change to his pay, while the company pursues uranium and Alpha Test Program 6.
19 Nov 2024drilling result▲ GoodMajor
Airborne radiometric surveys totalling 14,511 line-km over Henbury, Tobermorey and Douglas River East confirmed the uranium anomalies seen in older government surveys. Maiden drilling is targeted for April 2025, after the wet season; Douglas West survey delayed.
30 Oct 2024quarterly activities report● Neutral
September quarter report recaps the Douglas River uranium deal, Test Program 5, the EP145 extension, the $1.53M Astute share sale, the R&D rebate and the new CFO. It also notes Astute's royalty call option. Largely repeats known news.
24 Oct 2024drilling result▲ GoodMajor
Lab-scale Test Program 5 gave bitumen yields above 30 wt% and improved viscosity; with further tuning, C170-range viscosity could be achievable. This partly answers June's Technix setback. Penetration tests could not be done on small samples; bulk testing may follow.
21 Oct 2024asset acquisition disposition▲ GoodMajor
Greenvale signed a binding agreement with Gempart for an initial 80% of the Henbury Uranium Project (Amadeus Basin, NT), on the same free-carry terms, for about $10,000 upfront. This is the third uranium project in weeks.
16 Oct 2024asset acquisition disposition● NeutralMajor
Greenvale agreed to sell its 75% EP145 helium/hydrogen farm-in interest to Mosman for $250,000, full reimbursement of its costs. This ends the Amadeus Basin push of October 2023, redirecting effort to uranium. Conditional on ministerial consent.
16 Oct 2024asset acquisition disposition▲ GoodMajor
Greenvale signed a binding agreement with Gempart for an initial 80% of the Tobermorey Uranium Project (NT), free-carried to a feasibility study, for about $10,000 upfront. A second uranium project after Douglas River; it can withdraw at any time.
1 Oct 2024agm notice● Neutral
The 2024 AGM is set for 20 November 2024. Director nominations close 9 October 2024. Administrative notice only.
1 Oct 2024director officer appointment● Neutral
Peter Harding-Smith, a chartered accountant, was appointed Chief Financial Officer and Company Secretary, replacing joint secretaries Kurt Laney and Vince Fayad. The registered office moved to Brisbane.
30 Sept 2024annual report● Neutral
Appendix 4G corporate governance checklist lodged with the annual report for the year to 30 June 2024. Administrative filing with no new information on the business.
30 Sept 2024annual report● Neutral
Annual report for year to 30 June 2024. The Chairman calls the year one of mixed fortune with slower-than-expected progress; Alpha studies are on hold pending Test Program 5, EP145 was delayed by approvals, and Douglas River uranium was added. Financial figures not visible in the text.
30 Sept 2024asset acquisition disposition● NeutralMajor
Astute Metals irrevocably exercised its call option over Greenvale's 2% Georgina Basin royalty. SRK will value it, and Astute may pay in cash or shares (VWAP estimated at $0.029). Price is not yet set; settlement terms still to be agreed.
