Lemas What on earth is desperate about this. All good as far as I can see. Objective was too see if as predicted by CSRIO that horizontal fracturing would occur.It has done this with flying colours. This means that the drilling part of the costs will be much lower. We already know that that the transmission costs are going to be low asthey are right next to the grid and plant costs will be about the same for everyone. All in all looking extremely posotive If anyone is going to make geo therm work GRK will and I dont see too many non carbon electricty generation sources being cheaper than geo other than hydro where you can do it.
GRK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
