RNE 33.3% 0.1¢ renu energy limited

day of truth closer on hot rocks, page-2

  1. 1,843 Posts.
    A holder now? Excellent.

    Right now the company should be approaching the end of the first casing operation on Jolokia 1 (a google search reveals the Jolokia as a fierry pepper, for anyone who, like myself, thought GDY was borrowing names from science fiction. The Jolokia is one of the few peppers hotter than a Habanero...)

    The completion of Jolokia 1 and 2, followed by successful flow tests, would have to be the most accurate demonstration of proof of concept, as it would demonstrate repeatability of the heat exchange module developed between the HAB wells. Like the completion of HAB3, the flow tests may hold no major SP increases, bar the gentle accumulation to be expected on the back of significant media coverage.

    If the development of the Jolokia system is delayed, shareholders may see the development of the HAB demonstration plant preceeding Jolkia completion. This event should also act as a rallying point for the SP.

    Does anyone see any major rally points for the SP before either the demonstration plant or the repeated success at the Jolokia site?

    Cheers,

    Tawny.
 
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