The only issue comes when youre the player with the most life, but you can burn that bridge when you get to it
If youre determined to play Ghalta and Mavren though, then the card does make an excellent reanimation target
The original card had "you draw two cards and lose two life", "destroy target creature," and "cast a spell without paying its mana cost." The last ability was both too powerful and not really black (black could cast a spell out of a graveyard)
For Self-Mill decks, particularly Land Self-Mill decks like The Gitrog Monster, this satyr can be a cheap passive lifegain engine that can help keep you afloat
The late-game is where you basically have as much mana as you want and can cast whatever you draw whenever you want
In this case, White Lotus Tile is a four-mana artifact that enters tapped