WBE 0.00% 1.4¢ whitebark energy ltd

mmmm well - a pivot out of a dead end at least - another dead...

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    mmmm well - a pivot out of a dead end at least - another dead end (??) but who knows

    A quick research:

    https://geoscience.data.qld.gov.au/data/dataset/cr088826/resource/geo-doc1235729-cr088826

    doesn't seem to show many hot spots south of Brisbane where they have the lease....

    Oh well - WBE worthless atm to me so any change is better than nothing lol

    Imagine if they did hit something though - right in the sweet spot! near the grid and population growth - most geothermal plays I researched a few years ago are all out west and not near any infrastructure so that usually makes them uneconomic

    https://hotcopper.com.au/data/attachments/5962/5962494-8efa7ca7cca7374329dff4b19aac56c1.jpg


    https://hotcopper.com.au/data/attachments/5962/5962496-7f6b33dbcb0cb79584bdcd8cc6d9224e.jpg
    Source : Geological Survey of QLD (2014 report)

    Lots of blue south of Brisbane eek.png but it might just scrape into the very southern tip of the prospective Nambour-Maryborough basin....???

    https://hotcopper.com.au/data/attachments/5962/5962544-0fbf3fb638097ee648dc24a8eb3c9a3d.jpg



 
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