Business
The Greenvale (ASX:GRV) share price rose 13% today. Here’s why
The Greenvale Mining Ltd (ASX: GRV) share price shot up again today as investors continued to back its Georgina Basin Project in the Northern Territory.
The Greenvale share price has risen 12.9% to close at 17.5 cents per share today.
Greenvale is an international energy company focused on the discovery and exploitation of oil shale deposits. The company owns a 99.99% interest in the Alpha oil shale deposit located in Queensland, Australia and, more recently, 100% of the Georgina Basin IOCG Project in the NT.
Project backed by Geoscience Australia
The Greenvale share price has now risen more than 34% since early March, when the company announced the initial drilling results of its Georgina Basin project enhanced the…
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