My original purchase was on the back of a tip, earlier last year when the share price was 30cents. Since then i have followed the stock and have been extemely impressed with PTR managment and the direction they are taking the business, key word work being BUSINESS. PTR is expanding into areas of the world that support renewable energy. I am a strong supporter of the potential of geothermal energy, and to me, PTR is taking an approach that should position itself well to exploit niche markets early through demonstration/success and hence further open larger commercial opportunities, both in australia but perhaps more importantly in europe and china.. I believe the market-cap has plently of room to move of the back on progress that is forecast by the company. I have been very impressed with the amount of promotional presentations PTR management have been giving to brokers and conferences. Additionally, PTR is "well-knowned" to goverments (in aus, china, and europe) through successful grant applications and being involved on advisory boards. Overall i see PTR as the most diverse and proactive geothermal stock on the ASX.
cheers.
PTR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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