Who reported vladooos post? I think he could have worded it better, but he does expose some risks. Seismic risk is something to be worried about for the 10 additional holes. But I was just about to suggest that the current price is about bang on, accounting for risk and as we move through the stages, it should continue to increase. Stage 1, depending on prices will give about 13-50M a year in revenue. Hopefully we see lithium prices bounce by 2022-23 when we look to kick things off!
And yes, perhaps you can argue that the geothermal plant making carbon emissions neutral lithium is just a bit of carbon accounting, but the whole carbon emissions reductions market is accounting. Its the narrative that actually drives value for the company and the purchasers of the product!
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