Actually, Peter, whilst GDY may fall on Monday, you will find that the general trading range is quite appropriate. A resource has been established, and will soon be upgraded to proven reserves through ongoing drilling. The flow you mention has already been indicated, as seen by the communication between HAB1 and HAB2. The temperatures are of a known and very high level.
I agree, the flow rate/temp is the single greatest risk going forward, by far. Thankfully, we have many technical indicators, gained through target-depth analysis, that lead to the conclusion that the operation is overwhelmingly likely to be successful. The heat depletion can be modeled, the calcification can be modeled, and fractures can be mechanically enhanced (chemically if necessary). The system works as an overpressurised, closed-unit boiler, and can support tens of thousands of MWs generating capacity.
I don't think there is any merit to focusing on market cap and location alone. The resource needs to be of the highest grade to be economically competitive. On top of that, operations need a realistic schedule to base price assumptions on. Right now, GRK are in somewhat of a limbo. I'm happy to hold a small parcel until some ground-based, target depth results are anticipated.
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