Jeez, no wonder the SP is so low - everyone here has been selling!
They get given $90 million in the form of the REDP and the SP still falls!
GDY say themselves it is the best hot rock resource in the world. I guess the only way to compare with other sites is to use the geothermal reporting code.
Nevertheless, as Geojac says, temperature is king and there's enough geothermal resource there to keep GDY very busy building wells for a long time to come once they prove up the technology.
I honestly don't think there will be any more government stimulus until the technology is proven here. But I do think it is a total disgrace we are spending so much government money on that oxymoron of clean coal when we could be getting more bang for our buck, IMHO, on renewable energy. I also think there could be a few game changing revelations to come, whether it be consensus at Copenhagen or a double dissolution on climate change. Also the expanded RET kicks in on Jan 1st 2010.
- Forums
- ASX - By Stock
- global warming, geodynamics delay& etp
Jeez, no wonder the SP is so low - everyone here has been...
-
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
Add RNE (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $2.178M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $38.25K | 9.664M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 7384483 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 8191761 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 6368915 | 0.003 |
7 | 4929171 | 0.002 |
7 | 11800004 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 5390174 | 2 |
0.005 | 3171509 | 6 |
0.006 | 5070152 | 5 |
0.007 | 894338 | 3 |
0.008 | 849165 | 4 |
Last trade - 15.57pm 02/08/2024 (20 minute delay) ? |
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
RNE (ASX) Chart |