The stock has been trading at round these levels for a while now. There has been market pressure on the stock as some holders have sold fully paids to take up options.
Moving forward, the frac testing I thought was positive. Next step - get a jv partner involved. We should expect this over the next month or two.
Generally the geothermal sector is as quiet as a mouse.
I hear that geothermal will in some way be part of the Fed Governments budget. That will be good.
Overall, patiently waiting for a re-rating which I know is coming down the pike. It is just a matter of when.
cheers
omg
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