Completion of preliminary well planning to evaluate the feasibility of drilling to the 5km depth-floor that is assumed in the GSQ calculation of stored thermal energy
it costs $$$$$$$$$$$ to drill 5km deep
GRV current market cap $40M
looks like they need to raise $10M
at 10 cents per share, the market cap is $50M
brokers will evaluate whether they think GRV is worth $50M
otherwise, a SPP for the true believers
Ann: Geothermal Potential of Millungera Basin Confirmed, page-4
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