Also, regarding flow rates, it is the one critical variable that engineers can effectively and readily manipulate. 'Enhanced' Geothermal System (EGS) means exactly that - it has been artificially enhanced through hydraulic or chemical stimulation to allow for improved flow rates.
Temperature can be increased by pursuing deeper target zones, but the greater depth would increase risk to unacceptable levels.
The decider for any EGS is, without a doubt, resource size, followed by temperature, with flow rate being a critical but readily influenced variable.
I'll be checking in on the SP a couple of times today - this option situation is as knifes-edge as they come, and if more of the ANZ-controlled GRKOA hits the market, there could be an interesting trade to make.
GRK Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
