This guy knows less about Australia's GEOs than he did about the 'biofuel boom'. What a joker.
To quote the author:
'we reckon the safest way of viewing the hot rockers is as niche suppliers to isolated townships or projects.'
First of all, if a person wants to take a restrictively conserative view of investment, they can put thier money in a some kind of 'bonus interest' savers account. ANZ should have a nice offer for the risk-averse.
And secondly, I am certain Origin and Woodside understand the situation a little better than he does.
I'd prefer to let thier 18% stake influence me more than his rushed dismissal. I wonder if he's ever heard of a little thing called the Kalina cycle. Transmission losses can be dealt with easily when youre using the most efficient (and exclusive) production cycle in combination with the hottest non-volcanic rocks in the world.
GHT, which he is equally quick to dismiss, has consistently experienced the highest returns over the past few months. Some investors are looking at 500% paper gains in the last year alone. Drill results for this one are due very soon, and Mac Bank are steadily accumulating what is becoming a remarkebly tightly held share. With the projects based very close to market, GHT is poised to be among the leaders.
PTR was a good call, but it's an easy call to make - there are simply so many reasons to add PTR to your 'geothermal parcel' - the Beach deal, thier proximity to demand, the investor-aware management team, a series of very promising tenements, etc.
So, nice for another mention, just hope the next one is better informed.
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Last
38.0¢ |
Change
0.005(1.33%) |
Mkt cap ! $131.7M |
Open | High | Low | Value | Volume |
37.5¢ | 38.5¢ | 37.0¢ | $135.7K | 357.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5062 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.5¢ | 162662 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5062 | 0.380 |
1 | 12898 | 0.375 |
1 | 30000 | 0.370 |
1 | 2800 | 0.365 |
2 | 15888 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.385 | 162662 | 7 |
0.390 | 11679 | 3 |
0.395 | 111629 | 2 |
0.400 | 107662 | 5 |
0.405 | 55000 | 1 |
Last trade - 15.58pm 28/07/2025 (20 minute delay) ? |
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