Have been watching this stock for a while. They will be hard pressed to get the Emerging Renewables money - perhaps they should be forming a JV with a geothermal or a few geothermal companies, and then applying for grants?
Such a company could be an ideal investment for the CEFC if it gets going - it would have an asset, not be completely reliant on geothermal (it could drill other things too). It could be owned/operated by CKK, and owned by a coalition of smaller geothermal developers, say, PAX, GER, Kuth, Torrens, Hot Rock etc.
CKK Price at posting:
7.6¢ Sentiment: None Disclosure: Not Held
