Had been meaning to post some info from chat with the company...
- flow rates from first hole were good for direct heating but not enough to generate electricity. -measurements from a second well due any day now. - other opportunities in the region to be pursued. - no work being done on Olympic Dam until mid year when CSIRO will be getting involved (a very good sign - means they think it could have some kind of national significance). -can't report any progress on farm-in partners for this project, but when I asked about BHP, they said yes, they have had discussions and there is definite interest.
GRK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held