TP, with regard to permeability, the "Sunday Times" article quoted Adrian Larking as saying: "All that remains is to... prove we can fracture the rocks and get a flow of water through the hot rocks at a sustainable rate".
In other words,they need to know whether the water isn't all eventually going to wind up in the Great Australian Bight.
Yes, I applied for shares in KUTh - I hope I'm successful! It closes tomorrow - significantly, it hasn't closed early oversubscribed, as tends to be the case. I suspect a lot of the subprime worries resulted in a few investors thinking twice.
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