GRV greenvale energy ltd

2.63%

3.9¢

The good news is that you can reach 120º at around 2.5km depth...

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morethanyouare

614 Posts.

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05/07/22

15:44

Post #: 62381995
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Originally posted by wrongsidetrader ↑

Pennies being traded the moment, but nice to see some green.

Whilst we wait I encourage everyone to have a look at https://gsq-horizon.s3-ap-southeast-2.amazonaws.com/QDEX/88826/cr_88826_1.pdf ("Queensland Geology 14, An assessment of the geothermal energy potential of northern and eastern Queensland, Coastal Geothermal Energy Initiative, B Talebi, S N Sargent and L K O’Connor, 2014")

Excellent estimated temperatures, more than suitable for a binary cycle. Hopefully accessible at shallower depths than 5km, but there are plenty of Geothermal plants at 5km depths - so it might be a little more expensive, but still viable.

"The equivalent gross electric-power-generation potential of the inferred resource areas identified through the CGEI (the Millungera, Surat, Nambour-Maryborough, and Hillsborough basins) has been estimated using volumetric approach under stated assumptions. The estimates show power-generation potential of 430–1980 MWe, which is equivalent to an annual electricity generation potential of 3440–15 650 GWh (Table 6-2). This potential is sufficient to meet the state’s electricity peak demand forecast over the next decade."

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The good news is that you can reach 120º at around 2.5km depth at Millungera. The bad news is that CopperString 2.0 has an expected completion date of 2025.

GRV Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.9¢		Change 0.001(2.63%)		Mkt cap ! $22.31M

Open	High	Low	Value	Volume
4.1¢	4.2¢	3.9¢	$6.683K	163.6K

Buyers (Bids)

No.	Vol.	Price($)
3	69034	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	48422	2

View Market Depth

No.	Vol.	Price($)
2	42798	0.038
1	20000	0.037
2	78850	0.036
1	60000	0.035
1	100000	0.034

Price($)	Vol.	No.
0.043	48422	2
0.044	60000	1
0.045	241924	2
0.046	50000	1
0.049	261757	1

Last trade - 10.47am 20/06/2025 (20 minute delay)

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The good news is that you can reach 120º at around 2.5km depth...

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