I agree OMG. I bought some more because I think that the Federal Government is going to trump the Opposition's $50 million Geothermal drilling fund.
Where better to announce this, than at the Hot Rock Conference?
I have also noticed that the Federal Environment Minister, Malcolm Turnbull, stated on Monday that by 2050, Australia is “to have all, or almost all of our stationery energy and most of our transport energy coming from zero, or near zero, emission technologies.”
I think that landfill gas can produce low emissions power but geothermal is zero emission base load power. Also, have a look at the market cap of the landfill gas companies and compare that to the market cap of GRK.
The whole Geothermal sector has retraced a bit lately, but I think that it will change next week and with the smallest market cap and sp, GRK will gain the most IMO.
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