GRV greenvale energy ltd

Ann: Geothermal Potential of Millungera Basin Confirmed, page-24

  1. 171 Posts.
    lightbulb Created with Sketch. 26
    2/

    The Ascendience review was a reasonable idea but it missed the main point. The GSQ report defined its geothermal resource as that volume of rock down to 5 km depth that would likely be hotter than 150 C.

    In the Millungera Basin, with relatively high heat flow, the report modelled the 150 C degree depth as 3.2 km deep in Area A and 3.1 km in Area B.

    The review should have concluded that therefore GRV will have to drill no more than 3 km in order to find the 100-120 degrees that it is looking for. The next problem would be to find a highly permeable sediment layer 2-3 km deep in the seismic that could be tested by drilling.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.7¢
Change
0.000(0.00%)
Mkt cap ! $25.62M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 110000 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 2450 1
View Market Depth
Last trade - 11.00am 07/08/2025 (20 minute delay) ?
GRV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.