WBE 20.0% 1.2¢ whitebark energy ltd

What do I think? Not much. I'm only concerned with the...

  1. 927 Posts.
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    What do I think? Not much.

    I'm only concerned with the fundamental of whether WBE had:

    a. a chance of having a viable geothermal source within one of its tenements (not 5 klms deep as per that map either) and

    b. If one is there it isn't so remote that the cost of construction and producing energy doesn't end up exceeding the income generated.

    Is it looking like it does? At the present, no.

    Here's a photo of the Mud Springs in Brisbane that were capped over if anyone is interested.

    https://hotcopper.com.au/data/attachments/6267/6267773-751b327a5c99cf00da9f778c9ad5011e.jpg

 
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