Price action, page-2871

Just tight stops I hope, 4 months to go, why dont you just nimble away at it on the down days.
I am, but nearing my max exposure. For better or worse I am backing Geoff Ward to deliver a plant
that is functional based on his track record and not hype.( did take him 5 years last time)

The Board wishes to express its appreciation to Mr Ward for his contribution to the Company over the past 5 years. Mr Keith Spence, the Chairman of Geodynamics, said "Under Geoff's leadership Geodynamics has successfully completed Hananero-4, its most productive geothermal well, in the Cooper Basin project, as well as commissioning and operating the 1 MWe Habanero Pilot Plant, a world leading example of Enhanced Geothermal System power.2013

The plant worked, but not economic.

Financial challenges 2018 of geothermal

The ability of the industry to attract sufficient investment to ensure initial development and construction costs has, and will continue to be, challenging. The amount of time between concept and commissioning for a geothermal project is generally not attractive to many investors. Since launching on the Australian Stock Exchange, Geodynamics took around 10 years to prove that electricity could be generated from its Habanero pilot plant. The wells drilled were amongst the most technically challenging in Australia due to extreme temperatures and pressures seen at depth, with numerous unwanted events such as mechanically or chemically induced equipment failures. While these technical challenges did contribute significantly to international industry knowledge, they also resulted in very high costs and the alienation of investors.