VUL 1.42% $3.46 vulcan energy resources limited

Hi Lithium2021, geothermal has a triple drilling risk, only one...

  1. 97 Posts.
    lightbulb Created with Sketch. 26
    Hi Lithium2021, geothermal has a triple drilling risk, only one of every 3 wells work; that's a constant in deep geothermal projects.

    This is countered by public and private "risk mitigation insurance schemes". And I hope they've got some spare money left to implement emergency directional drilling , or drill for another, better hole.

    You'll read about this stuff often when investing in geothermal projects.
 
watchlist Created with Sketch. Add VUL (ASX) to my watchlist
(20min delay)
Last
$3.46
Change
-0.050(1.42%)
Mkt cap ! $595.3M
Open High Low Value Volume
$3.58 $3.63 $3.44 $1.711M 485.4K

Buyers (Bids)

No. Vol. Price($)
1 1472 $3.46
 

Sellers (Offers)

Price($) Vol. No.
$3.50 3600 1
View Market Depth
Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
Last
$3.49
  Change
-0.050 ( 1.06 %)
Open High Low Volume
$3.59 $3.64 $3.44 63517
Last updated 15.59pm 07/05/2024 ?
VUL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.