re: Ann: HRL offered further volcanic geother...
Daytrader I understand how you can put the dots together and assume HRL will be able to co-produce lithium but I'd say this is very speculative.
As peter pointed out we dont even know if any economic amounts of lithium exist and if it does can it be exploited. Given that the leases are being transferred from the Ministry of Mining to the Ministry of Energy I'd say this would make this even more difficult.
In my opinion it doesnt matter as if we can make the geothermal alone work this one will rocket. I think the potential with the latest announcement of further prospects in Peru makes HRL a standout in the geothermal space. Will be looking to buy more once the hype of this latest announcement cools off.
HRL Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
