VUL 2.37% $4.54 vulcan energy resources limited

Ann: Acquisition of world-leading geothermal team, page-65

  1. 950 Posts.
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    I chose to have a look at the Geo-T website. It was ‘informative’ to me.
    Unless I have missed something, it would appear from their announcements that the only ‘real’ production geothermal project that they mention involvement with is the ‘United Downs Deep Geothermal Power Plant’ in Cornwall UK which is about to be commissioned. Approx 10MW (electricity) output and about 40MW (waste heat) with fluids at abt 190C Two wells for the system production well >5K metres, reinjection well abt 2900m.
    Project still to produce production electricity.
    Not a huge track record in production geo-thermal it appears.

    In the context of things .... the brine produced has a Li content of 260mg/Litre...... significantly greater than what VUL tell us about theirs as a ‘world class resource’.
    Nothing like looking around at some comparisons ......

 
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