press alert : drilling service offer ...., page-25

I agree HappyD, that is a very important step for the long term health of the GeoT industry. That will give investors some confidence as the concessions will quite dramatically de-risk exploration as i understand how the tax is structured. It will almost certainly assist to secure the matching funds for the $10s of millions of Federal and State grant moneys that are waiting to be applied to exploration wells.

For a bit more light reading about the good long term prospects of GeoT i found this article interesting as well - although these prospects are all about the export market for the GT... there must be a lot of demand out there, Indonesia, the Philippines, lets hope they can get that new big shed humming wiht the happy sound of rig manufacturing.

http://www.climatespectator.com.au/commentary/geothermal-rescue-japan