GRV's purpose in pursuing Goethermal is to offset any CO2 emissions from the Alpha project and thus make it viable. There may well be better geothermal opportunities overseas, and if geothermal alone is what GRV wishes to do, maybe they should look overseas. However, if GRV want the Alpha project to proceed, they need to undertake a carbon offsetting project in Australia.
I, for one, am keen to see viable Australian projects be successful.
GRV Price at posting:
10.5¢ Sentiment: None Disclosure: Held
