RNE 100% 0.2¢ renu energy limited

re: downside - are gdy going to drill a duster? It's an...

  1. 207 Posts.
    re: downside - are gdy going to drill a duster? It's an interesting thought Supertramp: just what is the downside risk of drilling - especially given Hab 1 was drilled with no problems? Are GDY going to drill a duster? You won't know that until well after the hole is finished (and testing done so far looks good). Short of I don't know what Hab 2 is going to be drilled - that's the way I see it anway. At very worst we might have to endure a bit more disapointment on market and possible dilution.

    With the hole drilled, the upside is back to where it was before the current problems seemed endless.

    There is a lot on offer here. I'm sure Origin know it, Woodside know it, and the Australian Government know it. Success for GDY will put it, Australia and its backers at the forefront of a genuinely exciting new technology.

    I'm with Pruner, this is a buying oppourtunity.
 
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