Yes its conventional so not directly comparable still these are compelling numbers and the HFO (heavy fuel oil) figure is probably more than twice the amount now with the rise in oil price.
"“At 1c per kilowatt hour compared with HFO generated power at a cost of 12 cents per kilowatt hour, geothermal power provides Lihir Gold with a cheap, reliable and renewable power supply that also offers significant environmental benefits,” Mr Hood said."
RNE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
