WBE 21.4% 1.1¢ whitebark energy ltd

Neither, it'll be more a middle distance race. WBE really has...

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    Neither, it'll be more a middle distance race.

    WBE really has only geothermal exploration permits for QLD and a gas well elsewhere they think they could convert to geothermal. The production then of hyrdrogen from a geothermal facility that they would have to finance/locate/permit/construct and commission would normally be far off in the future.

    However Casnova Bowen and Albo are throwing 'green' money around like drunken sailors and WBE is singing the right song to have the money thrown their way.

    Given everything that will have to be done; locate, permit, get contracts out to build, construct and have the supportive infrastrucure (electricity links and hydrogen storage facility) put into place this can't be done quickly but;

    I can see that in this policy climate, there would be smooth sailing for those who want to sing the green policy tunes.

    Studies, environmental reports etc would all just be rubber stamped and permits or permissions that would normally take years to obtain would be expedited and waved through.




    Last edited by subumbra: 27/05/24
 
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