As mentioned in the announcement today, GDY will be increasing the production capacity of the first commercial model plant by 20%, to 50MW, at an additional cost of 10%, or $24M, for a total 50MW stage expenditure (including the 9 wells) of $250M.
The report also made vague reference to the ~$2B 500MW stage cost that we have speculated about, but it is doubtful this is inclusive of any infrastructure costs.
Very very interesting, and definitely a good business decision to upgrade the capacity for an incrementally smaller increase in costs. The company is due to release a drilling update tomorrow, it will be good to see the average drill rates with the new sensors installed.
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