Yea, I would encourage everybody to disregard the above post from ozwire.
I would be bitter too if I had invested in GDY at anything more than 20c, which he most likely did.
Look, back to reality for the serious people:
The most successful EGS in the world to my knowledge is that in Soultz, France. Now, I have had a look back over som academic articles and found out that for that project in equivalent stages the wells had >10 Litres per Second. This was able to be upped to 25L/s in circulation tests. Also, the temp. of that well was 200degrees. with these stats, they produced 8MW.
Now, we're going for 3.5MW which is less than half of that. I'm worried about what 1-6 L/s means, but also, as far as I can see its not necessarily bad news etc.
This is just my interpretation of things - and I'm definitely not a geologist.
Anyway google "Development of Hot Dry Rock Technology" Helmut Tenzer Geoligist
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