Company raised $2m from exericse of oppies and a placement to Acorn Capital. Nice to see a decent institution enter the register.
Frac stimulation at OD went well and the company is now designing wells for drilling next year. To do that they will need a JV partner. This is a critical event which given 2020 renewable targets cannot be ignored by major energy providers. My bet is that they will be successful in getting a jv partner in. It is just a matter of time.
WA The quarterly said that the company has submitted tenders for WA's first geothermal rights. It says, .." the company submitted applications both alone and jointly with other strong companies for a number of Exploration Permits in and around the Perth basin."
Other strong companies? Any ideas on this one? looking good. cheers omg Another thing to look forward to.
GRK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
