Greenvale Energy (ASX:GRV) completed a Liquefaction Test Program 6 at its Alpha Torbanite Project in Queensland, to generate a high-yielding, commercial-grade bitumen material, according to a Tuesday filing with the Australian bourse.
The program, conducted by the University of Jordan, tested blended samples from the company's Alpha deposit which were subjected to a series of experiments, the filing said.
The tests showed lower viscosity and higher product yield under optimal conditions, the filing added.
The company plans to begin Test Program 7, in collaboration with Monash University, per the filing.
Shares of the company rose 7% in recent Tuesday trade.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。