geothermal comparisons, page-12

GHT has a market cap of $43 million and they haven't reported anything. What doyou think they should be worth if they actually have some good results?

But it raises a good point - the valuations on these stocks are down to market sentiment and technical factors as much as anything.

I don't agree that GDY will be the first to market though having a drill helps - they are a long way from being able to market the power and a 400MW plant by 2015 just isn't very inspiring to me, given their current market cap and as you say, the associated risks.

PTR I like - especially for the quality of management. I am sure they will quickly pounce on any available opportunities (unlike GDY who have left the Hunter Valley project untouched for years).

GRK is the best value speccy - with by far the best price, a great location and a viable project with proven temperatures. Management is yet to prove itself - lets see what they can do. The best announcements are those that come out of the blue - not those expected by the market.

All IMO... of course.