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Greenvale a bit tool liberal with the word imminently on 23 January. Looking like its anything but. another month and Mosman could be shaking the begging bowl again.

Extra c£1m per annum gross

Greenvale liberal with the definition of imminent and the spectre of the confetti canon firing before 31/3 as the SP will implode if no approval prior to deadline. Approval could drop tomorrow but the longer these thing drag on the less the likelihood of a positive outcome.

Greenvale website in about 3 hours

Undoubtedly lots of off book action going on

24 jan greenvale stated government approval imminent big volume PM and a 150m buy today. Anticipation growing of news

I hope the placing beneficiaries and the institutional sellers are keeping up with TR1s i suspect some are overdue

Can’t dry up liquidity too much but maybe small limits on the discount to current market price and short lock ins. Possibly a mandatory percentage of discount stock to current holders.

75 million shares

Placees dumping by the billion for the percentage one has to bare in mind that technically another placing could come before JV approval its just such easy money. MSMN board are in the most utopic position with zero responsibility or accountability to anyone. Greenvale are bringing up the baby so its party time for AC and the team.

Keep an eye Greenvale website JV approval imminent.

FCA totally impotent or even complicit so AC really will not be worried about complaints he is too busy enjoying himself. Greenvale are doing all the work and Mosman are the embarrassing passengers

News of JV Approval will drop sometime in the next 2 hours AUS time no need to wait for mosman at 7am. If not same time tomorrow and so on

10-12 weeks before the next discounted placing so theres a spike in there somewhere

Not wise to purchase above placing price especially when events point to JV approval not being as straight forward and imminent as has been implied a couple of quiet weeks and this hits new all time lows

Placing wins, which brings the JV into question. Is it really that cut and dried? Do Greenvale even have the money to meet the obligations stated in the agreement. Greenvale is hardly a mining behemoth after all. 3 poor RNSs in a row now and sentiment at an all time low.

Problem is everyone knows the modus operandi here

Two horse race to the post between a heavily discounted raise and JV approval confirmation. Pretty underwhelming RNS. One would hope JV approval is imminent but is anything that cut and dried with Mosman? Buying pressure has dropped and its heading into bear country.

MMs short of shares and initiated a stock grab. More bought than sold today. The market is anticipating increasing demand and positioning itself to capitalise. Very bullish

MMs running out of shares

Recovery phase 2 over and now its a race between placing and news of JV approval. If the placing comes first this will revisit the lows. If news comes first then 0.03 onwards is possible.

Spreadex out RNS

NT approval RNS

Volume high, chart bullish, buy signals across the board clear run to 0.25.