Except for free government hand out, I can not see except for traders any not any possible return as by way of a dividend from these hot rock drilling companies.
I like to be green, but the money wasted drilling to 4,000 m plus, versus a solar system, it’s a no brainer.
The whole sector is rooted, full of government hand outs and huge speculative ramps.
Sorry to be so negative but these geothermal companies cycle around when ever oil prices are high, look at the 1970 to 80s for example. None I repeat none of the hot rock companies and alternative energy companies from back then are producing energy now.
Funny that.
Maybe we know more now,
Bulldust.
Good luck to all long term holders, you are going to need it.
Except for free government hand out, I can not see except for...
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Last
0.6¢ |
Change
0.002(50.0%) |
Mkt cap ! $4.356M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $1.817K | 336.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 599402 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 4849364 | 8 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| RNE (ASX) Chart |