MYL 0.00% 70.0¢ mallee resources limited

Avebury Site Visit, page-21

  1. wsx
    923 Posts.
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    Agreed mate, but it's worth pointing out that hydro also produces significant amounts of methane. Bacteria eat plants in the absence of oxygen / co2 and produce methane. Potentially very large amounts unfortunately.

    So carbon neutral no, but renewable yeah.

    No silver bullet sadly, unintended consequences everywhere.

    Anyway, back to lurking. Unfortunate what's gone on here, hopefully they find a good solution. Almost put some money into the raise but didn't like the prospect of indefinite lockup, probably a few in the same boat. Wouldn't have minded the price too much if there had been just a bit more colour around the economics and arsenic, though cheaper would have better suited the market conditions

    Good luck guys.

 
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