middle.news

Why Earth’s Energy Is Halting Geothermal Spending and Hunting New Projects

8:26am on Wednesday 22nd of October, 2025 AEDT Energy
Read Story

Why Earth’s Energy Is Halting Geothermal Spending and Hunting New Projects

8:26am on Wednesday 22nd of October, 2025 AEDT
Key Points
  • Independent review advises against further geothermal exploration expenditure
  • Expenditure limited to maintaining licences in good standing
  • Company holds 84% interest in key geothermal projects in South Australia and Queensland
  • Cash balance stands at $2.9 million with $137,000 spent on exploration this quarter
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Earths Energy (ASX:EE1)
OPEN ARTICLE