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2.5¢ greenvale energy ltd

It seems GRV/Within are planning to produce around 10MWe from...

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andrew1401

132 Posts.

77

18/07/22

16:47

Post #: 62593089
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Originally posted by Rockist: ↑

Geothermal exploration geologist trying to retire here... Has anyone looked at Within's exploration strategy and the probability of finding viable resources? My main questions:

1) the "volcanoes" mentioned are presumably the Tertiary volcanics, which are around 30 million years old. They will be cold and not provide any significant heat, therefore irrelevant. Any contra thoughts?

2) ORC power plants can produce power from 90-120 degree hot water but either the output is tiny (e.g. Winton) or, in special cases with very high flow-rates of around 200 litres/second, very small ( about 5 MWe max). Does anyone know how Within/GRV expect to get very high flow rates? Are they targeting a particular aquifer with known ultra-high permeability? Will 5 MWe plants be profitable relative to solar/wind+batteries?

So far I've read a lot of general info about geothermal that reads like a high-school project but no detail on their exploration strategy for getting actual viable resources. Am I wrong?

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It seems GRV/Within are planning to produce around 10MWe from the so far identified geothermal sources in QLD in order to provide sufficient carbon offsets for Alpha. It would be useful for investors to understand the details of how this is to be achieved.

GRV Price at posting: 17.0¢ Sentiment: None Disclosure: Held
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