This is not the strategy that GRK is pursuing - they are looking for JV partner for Olympic Dam. I would suggest that this is far lower risk than buying your own rig and doing it all yourself in the middle of nowhere. Potential return on this risk? Well for GDY to be a ten bagger they will have a market cap of $2 billion-ish with no dilutions allowed. In 2015 they intend to have a 400MW generating capacity. What market cap will this justify and how will they get there without issuing so many more shares that sp still has a decent rise? Over next eight years?
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