Clearly VUL did buy drills and no doubt will buy drill bits during the permitting process.
There is nothing unusual happening here, it's the same with all renewable energy projects in Germany.
The difference from last week is the German Goverment's mandate to speed up permitting for renewable energy.
I am sure the necessary reports etc are already in the ultimate decision makers hands.
Earthquake insurance is in place.
Previous mistakes over the decades made by others explained.
The negative environmental impact low, a football field per well, the positive environmental impact high about 50% energy per well to the grid and Li for E.V
manufacturing down the road.
Tesla getting permitting a day after the mandate being announced.
An interesting one since the gigafactory is ready to open.
VUL wants permitting for 3D seismic testing to identify safe viable spots for Geo Li.
I would say the timeline for permitting is now shorter than VUL has allocated.
The Engineering team with achieve their objectives and get their bonus.
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