This seesm like a great announcement: - reliable income stream from power production - allows technology to be demonstarted to the world and specifically to iceland which has large geothermal resources - likely has made aquisition on attractive terms (asset currently not producing, in house team and technology, possible off the shelf unit from china can be used) - likely first step in exploiting the low heat resources in Icland - first mover advantage - sympathetic industry focused bank
WAS Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
