RNE 0.00% 0.2¢ renu energy limited

geothermal industry, page-65

  1. 1,843 Posts.
    Buns, this is a nice change of pace form the volley of abuse you hurtled at me last time!

    Notice how vague that call of mine was? I hate making specific SP predictions, they easily blow up in your face. I would say GDY will succeed, and the initial and ongoing flow tests will be an outstanding success, leading up to an accelerated development program (drilling further HAB wells whilst building the demo plant). The SP will be multiple above it's current position if the market can stay afloat.

    GDYO is still my choice of exposure, but I am comfortable with the 'risk'. Realise that the market is not convinced that drilling is detached from systemic problems, and that any delays will be viewed most harshly by investors.

 
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