need 2 announce 2day, page-20

Hi amb005, I had a choice (about 3 weeks ago, I think....) between KUTh or GRK, having already bought a large parcel in my favorite, GDY. I chose GRK, partially because it was worth more than these prices, but partially because I hate getting scaled back in IPOs....

The land is good, the grid is close, the temperatures are high. Tasmania already has good geothermal market penetration, and the listing should see more movement than TEY did, at least judging by how much temperature exposure you get for your dollar.

I wouldn't want my money out of the market at these prices, with the events that are scheduled, but if you can still get in, stag profits look exceedingly likely. It will be listing during a frenzied time for geothermal companies.... Could go for a run like TEY did ($1+ at one stage)....

Nightspore has looked into KUTh, perhaps he can comment further?

Nightspore, If you could either email or post that reference to permeability (I can't find it), it would be great. I completely missed it - and it's pretty much what I've been looking out for, too!

Cheers