Is it a coincidence the GT 3000 is called GT..could it have anything to do with the inventor designing it for Geothermal?
The Geothermal industry is in its infancy...the GT 3000 was designed to enable Globe to grow into a market leader in Geothermal allowing all sorts of 'deals' to be done with power producers who cant get the steam out cos of the high exploration risk!!
A cheap drill, much lower risk is what the world needs..and we possibly have it in the gt3000.
Lets hope this trading halt is about an action which causes the company to start thinking Geothermally at last.
Shame all this capital has been wasted on the wrong industry.
Remember..there is no geothermal in Australia...only attempts at EGS which has so far failed and cost other shareholders even more than CKK shareholders.
This company could turn on a dime with the right focus...
A board with the right experience would be a good start...?
Lots and lots of contracts waiting for this drill in the Philippines with real steam fields bubbling like a modern day version of the beverley hillbillies...yee haaa...ride em cowboy!!!
Fingers crossed...
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