TEY 0.00% 3.5¢ torrens energy limited

hot rock listing, page-8

  1. 286 Posts.
    The point that a lot of people overlook is, temperature is king, not distance from a grid, a 50deg lower temperature reduces the energy by 50%,
    but GDY will only loose 5-8% in transmission.
    It's far better to be in the middle of Australia with hotter rocks than to be close to a grid with cooler rocks. This is the main driver for GDY choosing their leases where they did.
    They will make more money per hole drilled than anyone else.
 
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