RNE 20.0% 0.6¢ renu energy limited

Yes Nightspore, you did make that prediction about operating a...

  1. 359 Posts.
    Yes Nightspore, you did make that prediction about operating a lightbulb using geothermal energy would be the defining moment that would convince the masses and drive the shareprice.
    I and many others agreed with you, no doubt still do.

    There is the other likelihood that some more technically oriented boffins will advise and convince their employers, like some institutional investors looking to put funds somewhere else as they desert banks or,

    Maybe a big electricity supplier, that taking a good stake in this emerging, green, baseload power generator would be a good move and sooner rather than later now.
    Like my conspiracy theory re the party currently buying up at the bottom of the market.

    As to the emeritus proffesor you reported on. Who was he??
    I think it is pretty well accepted by people in SA, where I reside, that SA may have more than enough uranium to power itself for a thousand + years, but-:

    a. It (SA) doesn't really care to have a nuclear power station.

    b. It would be extremely uneconomical given the small size
    of our population and the sixe of N-plants.

    c. GDY, in my view, will illuminate enough light bulbs
    shortly to convince the most cynical that South
    Australia is blest with the most desirable energy
    source available anywhere IN THE WORLD.

    What is more, it will be on-line, supplying low cost,
    base load, green power to this state and the national
    grid long before any nuclear power station could get the
    designs and approvals done and have the first sod turned
    even if was thought an option.

    So. It wont happen Professor X.
 
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