I noticed on Friday that another company using solvent extraction of its shalereported oil content leap from 60 liters/tonne to 150 liters/ton on their Julia deposit.
GRV ESMCA and ECM group have tradionally stated a resource figure of about 4bill barrles, their deposit is far richer than Julia Creek,with the new enviroment freindly extraction processes we can expect a similar leap here.
The group has several companies in tow testing its massive deposits....
I am expecting at least a doubling of resource,in fact 10-12 Billion barrels.....it surely will actract some attention
GRV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held