federal boost for geothermal exploration, page-7

11/12/09 - SPP closes
21/12/09 - quotation of new shares on ASX

Mid Jan - Drilling starts

Mid Feb - Reach target depth



I'd expect a bit of weakness between now and mid Jan. If you can sell the shares for 15c you get the oppies for free and some will take this course. Especially with many people having fingers in several geothermal pies - pies with capital raisings in the near future.

I'd also expect the SP to rise between Mid Jan and Feb with people buying the rumour and selling the fact...