Great info with the third well in Insheim. Actually there are so...

Great info with the third well in Insheim. Actually there are so many arguments why the PFS from two years ago is already outdated - in a positive way:

• Prices for lithium hydroxide have quadrupled since then
• flow rates in Insheim and Landau will be enhanced by additional drillings, so 100l/s is the minimum we can expect
• Pipelines between both geothermal plants will leverage a central DLE plant to gain even higher flow rates as the plant can use four to six wells
• Insheim is now owned by Vulcan (no permits needed here anymore), in Landau VUL has secured brine offtake - project being pretty much derisked here on the political front
• Ukraine / Russia crisis is giving additional benefits to electrify and heating offtakes
• Political momentum out of this mentioned crisis is helping to improve the political landscape and further permits
• Mannheim region super open for additional geothermal plants
• Mentioning politics. Because of already mentioned European energy crisis: Landau totally rethinking it's approach on geothermal (they even have heating networks in place ... this Is a no-brainer for them

I could go on and on... sure, there will also be a lot of things that won't work out, as with every company, but VUL has a pretty good settings so far which will easily compensate for problems along the road.

There are some people in this forum, which are part of anti geothermal initiatives. There scope here mostly is spreading FUD. Do your own research before falling for FUD spread by non-investors.