capital raising, page-13

  1. 11,088 Posts.
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    seems clear there's little geothermal work around for deep holes at the moment so rig her up for O+G and get on with it

    with $640m spent on onshore O+G drilling if we can pick up 5% of that we have $32m income versus ~$42m market cap at 20cps, without options dilution

    they can drill Merridin with the second rig lolz
    and by then the aussie govt may have sorted out a carbon price and a stronger incentive for deep geothermal work and we'll be busy as heck with that rig too

    still a multi bagger all going well
 
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