Raysea - you've confirmed my suspicion. If GDY says geothermal power isn't feasible in Australia, and PTR won't refute that assessment, then how do they expect anyone to invest in their Australian projects? I'm also believe in the technology and renewable energy but as an investor I also want to make a profit.
GDY has gone offshore to places where they should be able to develop profitable geothermal projects. I would have thought Tenerife with its high dependence on imported oil and gas would be another profitable geothermal destination, so I really wonder why PTR isn't more enthusiastic about it.
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