Thank you Rockist for your posts – I look forward to them as you obviously have practical experience in geothermal generation – so I respect your views. I am invested in GRV because of the Alpha Bitumen Project component – however I would hate to see them go down the wrong path with geothermal power. I have a considerable capital loss in my balance sheet already thanks to geothermal investments in the past - GDY (Geodynamics) which I don’t really need to add to. Are you saying that you think the proposed method that is being investigated via the CeraPhi Energy feasibility study – being a closed-loop geothermal technology study will not work here in Australia? – as the water will not be hot enough…or other reasons? I am currently quite happy to trust the Board’s judgement on this – but would hope they don’t waste time on something when there are possibly better alternatives?
GRV Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
