This guy knows less about Australia's GEOs than he did about the 'biofuel boom'. What a joker.
To quote the author:
'we reckon the safest way of viewing the hot rockers is as niche suppliers to isolated townships or projects.'
First of all, if a person wants to take a restrictively conserative view of investment, they can put thier money in a some kind of 'bonus interest' savers account. ANZ should have a nice offer for the risk-averse.
And secondly, I am certain Origin and Woodside understand the situation a little better than he does.
I'd prefer to let thier 18% stake influence me more than his rushed dismissal. I wonder if he's ever heard of a little thing called the Kalina cycle. Transmission losses can be dealt with easily when youre using the most efficient (and exclusive) production cycle in combination with the hottest non-volcanic rocks in the world.
GHT, which he is equally quick to dismiss, has consistently experienced the highest returns over the past few months. Some investors are looking at 500% paper gains in the last year alone. Drill results for this one are due very soon, and Mac Bank are steadily accumulating what is becoming a remarkebly tightly held share. With the projects based very close to market, GHT is poised to be among the leaders.
PTR was a good call, but it's an easy call to make - there are simply so many reasons to add PTR to your 'geothermal parcel' - the Beach deal, thier proximity to demand, the investor-aware management team, a series of very promising tenements, etc.
So, nice for another mention, just hope the next one is better informed.
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Last
26.0¢ |
Change
-0.020(7.14%) |
Mkt cap ! $89.85M |
Open | High | Low | Value | Volume |
28.0¢ | 28.5¢ | 26.0¢ | $86.02K | 310.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 38897 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 4934 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 43 | 0.270 |
1 | 18811 | 0.265 |
3 | 33253 | 0.260 |
1 | 25000 | 0.255 |
1 | 10000 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 11152 | 2 |
0.280 | 2000 | 1 |
0.285 | 41121 | 2 |
0.290 | 10000 | 1 |
0.300 | 212568 | 4 |
Last trade - 15.51pm 24/06/2025 (20 minute delay) ? |
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