Renova (9519) · RiskRestated
Uncertainty over geothermal resource volumes, drilling results and local consensus
First written in FY2017. 1 of 2 entries say "Restated". Latest entry: FY2018.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Uncertainty over Success in Resource Exploration, Development and ProductionA theme 7 companies write about · 9 as a headwind · 0 as a tailwind
2 other companies' latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2018RestatedAnnual report
「It is difficult to fully determine the distribution of underground resources from the surface, and drilling may either yield insufficient steam from the heat source or miss the heat source entirely.」
The uncertainties surrounding geothermal resources, drilling results, local consensus and subsidy programs have been reaffirmed. - FY2017First statedAnnual report
「It is difficult to fully determine the distribution of underground resources from the surface, and drilling may miss the heat source.」
Risks include surface and drilling surveys, reaching agreement with stakeholders involved in hot spring resources, changes to subsidy programs, and losses on unprovided development costs if commercialization is abandoned.