the article, page-12

Entoropylord, I don't see an option for the GEO industry to establish itslef until it can lower it's c/kWh.
Sure the majority on the work should, for now, be establishing a resource with defined grades, establishing a circuit, and developing an appropriate generator system. Geodynamics Ltd is entirely focused on this. However, for thier wholly-owned subsidary, Geodynamics Power Systems, it's a different story.

Did you see GDY's recent ann. regarding a potential merger with the 'overseas experts' you mentioned.

Here's an outake:

"ASX ANNOUNCEMENT 25 APRIL 2007
Memorandum of Understanding with Geysir Green Energy ehf and Exorka
ehf
Geodynamics Limited is pleased to announce that, in conjunction with its 100%
subsidiary Geodynamics Power Systems Pty Ltd, it has entered into a
Memorandum of Understanding with the European companies, Geysir Green
Energy ehf and Exorka ehf. The memorandum covers discussions in relation to a
potential merger between Geodynamics Power Systems Pty Ltd and Exorka ehf
to form a consolidated vehicle focused on the development of geothermal power
plants based on Kalina cycle technology."

Are you familiar with these companies? An international investment vehicle with vast experience operating geothermal energy systems (at the 2MW scale).....

GDY can refine thier theoretical generation capacity whilst focussing on getting the fundamentals in place; mainly, getting HotRock40 operational.

So it's not some esoteric topic for future discussion; predicted future efficiencies will directly impact our investment returns in the mid- to long-term.

To keep this relevant to the thread, PTR is an excellent choice of stocks also, 11km from Beverley and with diversified GELs in a state that is doing more than any to promote GEO energy. Cash postion is sound after raising, and market cap is still attractive at 45 million.