I remember seeing a link posted here on HC to an enrtrepeneur in Perth (I think) who was planning to hire out a drill rig specifically for geothermal drilling. He said he would be able to offer savings on drilling costs (I think it was $2 million as opposed to $10 million, as an example). Anyone recall seeing this?
Looks like it hasn't happened and we all know Perth people are shysters - hey, I'm from Perth myself (originally) so I can get away with saying that!
Current state of the market - no comment, I think I am in shock.
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