Comes down to your risk tolerance. This stock has a very high upside potential in a market that will be booming in the future due to climate change. The reason the stock went down is that they introduced a delay in their first project which in effect double its electricity generation capacity and the market punished it for the delay. DYOR but I have been buying from $0.044 and below. Take a look at the Kalina cycle and its main competitor and you will find that the Kalina cycle is up to 50% more effective at generating electricity depending on application. http://www.globalgeothermal.com/Technology.aspx
The main past failure for the business was not to offer a turn key solution to businesses which is what the current management are executing on. If they are successful the share price will move very quickly as they have many other projects in the wings that are in various stages on approval completion.
KPO Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
