RNE 0.00% 0.2¢ renu energy limited

new magic fluid, page-11

  1. 358 Posts.
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    Jukes

    Any attempt to use a new fluid would run into one of the original risk factors of the initial prospectus - the loss of fluid underground.

    This was solved initially by the discovery of the trapped aquifer under pressure. The current understanding is that there is a vast volume in this aquifer.

    This would rapidly disperse any new fluid causung unsurstainable loss of the fluid.

    I think in these circumstances any furthur consideration of this issue would be a blind alley.

    Sorry to be negative.

    RB
 
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