RNE 25.0% 0.2¢ renu energy limited

extremely negative article, page-30

  1. 1,843 Posts.
    Kashga, I know I'm being slow, but what specifically where you referring to with the statement "I think a possible delay in completion could be a few weeks.."? Thanks.

    Out of interest, the following article I read this morning is an excellent highlight of the lack of understand that persists throughout the sector. The Times Online article is positive though misguided, as can be seen from quotes such as:

    "Deep beneath the tiny community of Innamincka lie the earth's hottest rocks"

    "Geodynamics, one of Australia's larger renewable energy producers, keen to exploit the hot rocks 4km below the surface."

    "Geodynamics has proven that it can pump water down a 4km well to 300C rocks that heat it and then recover the resultant steam from a second well nearby"

    Just being pedantic here, but the errors are symptomatic of a fringe sector that still causes confusion, and as such has not yet gained an appropriate degree of attention of the wider market.
 
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