'Petratherm Uniquely Positioned for Success in the Australian and increasingly global Geothermal Energy Sector Hot rock developer, Petratherm Limited, (ASX : PTR) says the Company will enter the new financial year uniquely positioned for success in the geothermal energy sector in Australia, and increasingly globally. . The upbeat outlook was contained in a presentation by Petratherm Managing Director, Mr Terry Kallis, today, to the second day of the 2007 Paydirt South Australian Resources & Energy Investment Conference in Adelaide.'
This is just the first little bit . The presentation looks good. Try accessing it through the PTR site.
I got my first PTR yesterday. Had to just get over being frustrated about missing out at 30c, and look towards the future potential, which seems to rest upon medium-quality assets positioned closer to the market than the other GEOs. PTR's heat grades are not as good as some, but thier projects will never be as capital intensive as GDY's, due to thier proximity to infrastructure. I like GDY for the quality, leadership status and efficiency, and PTR for it's lower capex projects and diversity of GELs.
PTR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)