11's gone and 12's looking a bit iffy. Spread the word, we are on a winner. Technically 11 was always a bastion of resistance, was so since the move from mid 5's. Give it a few months - remember the min-fracture stimulation with CSIRO is scheduled for next month. Labor party and libs all getting hot (pardon the pun) about energy and this sector is right in the middle of an allmighty battle of how Australia generates clean juice in the years ahead. Don't suspect for a minute that Garrett/Rudd et al have finished talking about geothermal energy, don't for a minute think the libs will let them get away with the prize and never forget that this industry is in it's infancy in Australia but is relatively a lot more mature elsewhere in the world. One final point, the recent director appointment to the company is really significant. The good Doctor played a key part in the Soultz project in Europe. I wouldn't be suprised to see some Europeans take a much greater interest in this little company, not just because of the location and resource but because of the board as well.
The train is about to leave the station.
GRK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
