ohmygod, I was unaware that GHT had that many shares on issue, I only went by comsecs market cap, but I looked at GHTs annual report and found you are correct. I dont have enough knowledge on GHT to comment on why they would be significantly higher valued than GRK, so bare in mind my reasoning would is flawed. However imo GHT seems to be in the same position as GRK, GHT has drilled holes testing the temp getting gradients, etc, however this is not enough in my opinion to count for the huge difference in value (32 million!!!) as these holes are only 500m deep, and GRK has access to deeper holes (from BHP) that should have similar readings to the holes they drill when they get a rig. As well as this they seem to be in very similar positions in regards to the fact they both (GRK and GHT) are strategically positioned close to powergrids and infrastructure.
I have to say thanks for this info, because it has gotten me more confident for a run on GRK, because as far as im concerned GRK Is in a better position management wise than GHT (a lot more experience), and also the relationship with BHP only adds to positive sentiment.
So with this reasoning it would not surprise me to see GRK shoot up to a similar valuation, which would place the share price in the 0.40's.
Would love to get some other thoughts on the matter! Its a beautiful time to be in GRK! goodluck all holders, Alex
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