True, if one is just to test the geothermal gradient at Vanuatu and Saipan. But to progress you need some rig capable to develop the diameter injection and extraction holes the for the project development – hence the interest. Given that we all think that the Vanuatu and Saipan projects have a relatively low risk coefficient and the geothermal gradient is there. It’s the eventual commercialisation that interests me. I though both projects could be close to pushing the button?
I guess it’s the next step that I am interested in. This legal muck up could delay that part – which would be a bit of bugger.
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