RNE 0.00% 0.5¢ renu energy limited

gdy 105 million jv origin energy, page-28

  1. 37,482 Posts.
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    Tawny

    Unfortunately, its drawing a long bow to extrapolate geotechnical drilling (where 30m is deep) to 5000m deep hotrocks drilling lol!

    My view is that GDY has extended knowledge after earlier failures ... has commited solidly to technical investment needed for successful drilling ... and probably didnt have to twist Origin's arm to stump up for the $100mill.

    All in all a good and ethical investment imo ... and imo it has a signature 1000% upside and 50% downside risk that that that I find attractive.

    Cut me off at the kneecaps if any wierdos follow from that other thread.

    Regards
    P'dex
 
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