I have been watching this stock with keen interest on the sidelines.
I hold PAX who are similarly talking about producing electricity by end of 2013 (Indonesia). Will be interesting who gets there first.
Of course, from a high level geothermal perspective, all will be winners if one is successful as confidence in the sector is restored.
I am somewhat surprised to see EHR's SP down to where it is (almost similar levels to PAX at the moment). PAX is close have negotiated agreements but requires sign off and funding to be announced shortly. SP should take off on announcement IMO.
I am fascinated by the parallels here.
EHR Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held