Having just finished reading through the most recent announcement (yesterday) regarding the Lemont 'play' in Tas it sparked my interest to look a little further at this company.
I looked through the recent Annual Report AND I'm impressed by what I read; management appear to have both explicit & tacit knowledge, the projects certainly have potential and the geothermal industrry is going to see some changes as we move forward.
A mere 63M shares on issue with a fair whack of these (around 50% I think) held by the board/management. The options held by the board/management have some interesting strike prices which I may add make current pricing look cheap.
One to watch a little closer I think?
W8
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