"I would argue that GRK offers less upside than several other GEO stocks"
I would argue that other Geothermal companies have no more idea about geothermal than trying to drill some holes into some hot granites. Some Geothermal companies spruik about how good they are and what progress they are going to make but then fail to deliver. How are these companies planning on delivering the flow rates that are required for competitive geothermal energy production and sale? The only thing some of these other companies have in their favour is money in the bank. Something a JV or federal funds would take care of for GRK.
"GRK has an average project" There is more to GRK than just Olympic Dam. Hungary, Patchwarra and Upper Spencer Gulf desalination. Now if you want to talk about diversification, having conventional as well as EGS and desal is just about as much diversification you can get with geothermal.
Yes it has been frustrating waiting for the mini frac equipment to arrive from Germany, but you can blame the ports. I am still waiting on something that I ordered in November.
GRK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
