GRV greenvale energy ltd
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2/ As I see it, to have profitable geothermal project one needs...

  1. BelgianBert
    97 Posts.
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    12/07/22
    17:32
    Post #: 62500383
    2/ As I see it, to have profitable geothermal project one needs at least 5MW to have a significant return on investment. (I've been to GeoTherm 2020 in Offenberg, a geothermal congress to check my numbers).

    3 + 4 + 5 + 7/ ASX-investing is Fun

    4/ I'll do it too, I like tthe idea, but I don't see a hyping possibility here as they did with LKE or VUL, because of the "conflict" between asphalt and green energy. Lithium & Geothermal just sounds better than Asphalt+Geothermal. imho, if it works out, they'd better split the 2 projects. But yep, I get the economical idea behind both projects.

    6/ I was referring to the 16th june ASX Announcement, page 3.








    GRV Price at posting: 18.0¢ Sentiment: None Disclosure: Not Held
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