TEY 0.00% 3.5¢ torrens energy limited

somethings stirring, page-7

  1. 1,843 Posts.
    From the ASX Announcement on the 15th:

    "Final heat flows recorded from diamond drill holes Balrog #1 and Gandalf #1 were 95 and 85mW/m2 respectively, with modelled temperatures up to 234°C at 5000m."

    These results are particularly encouraging when considering the intended targets of some of the other ASX-listed GEO stocks. The accumulation is strong, but does anyone else feel that TEY is reaching a disparity in valuation with the rest of the pack? I'm going to continue to hold regardless (my third largest geothermal holding is TEY/O), though wonder if now is an appropriate time to buy more.

    I expect that TEY is a participant in the recently formed geothermal syndicate. This could explain some of the hike, though you wonder why other participants in the syndicate are not experiencing similar SP rises.

 
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