Numbers below are NOT CORRECT. Numbers below are my own research. Numbers below do not include feed-inn tariffs or other governement grants / incentives. Numbers below are not specific to this project. Numbers below depend on depth. Numbers below depend on location.
Do your own research. But this is my basics on how it could work. Potential is huge. If you put the numbers to 1MW, it doesn't make sense.
They won't need the first steps in Australia, they paid 10M for these first steps Drilling and Site Development & commissioning are 80% of costs. Don't forget the triple drilling risk (1 in 3 drilled wells don't work).
Drilling would be 2KM as I read it on page 3 of their june 16th announcement. Drilling happens at cost/meter. Could be significantly cheaper if it'd be only 400m or so, but I don't see that happen? It'd be in production already then.
Feel free to respond.
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