Madrid sits on huge shallow geothermal resource with large aquifers with high flow rates of 250cmtr/hr.
1980-1990 5 hole drilling program provides data.
1ST AQUIFER is at a depth of 1500mtrs and runs at a temp of 70-80 deg C.
2nd Aquifer at 3400mtr runs at 156 deg C.
Madrid Basin project is 320 sq kms.
Some other countries in Europe currently use direct heating for for major buildings. Hospitals,commercial buildings, shopping centres, etc.
PTR has 7 projects in Spain.
Highly likely that these projects in Spain will supply PTR with it first cash flows
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Last
33.0¢ |
Change
0.050(17.9%) |
Mkt cap ! $114.3M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 33.5¢ | 27.5¢ | $351.9K | 1.170M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7092 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 10844 | 2 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| PTR (ASX) Chart |