GRK green rock energy limited

I have taken a small holding at this stage and as I get more...

  1. 831 Posts.

    I have taken a small holding at this stage and as I get more money I will buy more, as I see a huge potential for GRK and Geothermal in general. The current sp is probably because there was a rights issue in December where current shareholders were offered shares at 5c and free options at 10c. No doubt some people bought them and sold straight away for a profit. The rights issue also added to dilution. Hence the current sp.

    Success at the Hungary project would be good, the EU has announced in the last couple of days that 20% of European power will be sourced from renewable energy. On the up side if the Hungary project fails it won’t break the company as it being underwritten by the Geofund. I see the Olympic Dam as the big potential. Especially if GRK receives a REDI grant and JV with BHP.
 
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Currently unlisted public company.

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