This guy knows less about Australia's GEOs than he did about the...

This guy knows less about Australia's GEOs than he did about the 'biofuel boom'. What a joker.

To quote the author:
'we reckon the safest way of viewing the hot rockers is as niche suppliers to isolated townships or projects.'

First of all, if a person wants to take a restrictively conserative view of investment, they can put thier money in a some kind of 'bonus interest' savers account. ANZ should have a nice offer for the risk-averse.

And secondly, I am certain Origin and Woodside understand the situation a little better than he does.
I'd prefer to let thier 18% stake influence me more than his rushed dismissal. I wonder if he's ever heard of a little thing called the Kalina cycle. Transmission losses can be dealt with easily when youre using the most efficient (and exclusive) production cycle in combination with the hottest non-volcanic rocks in the world.

GHT, which he is equally quick to dismiss, has consistently experienced the highest returns over the past few months. Some investors are looking at 500% paper gains in the last year alone. Drill results for this one are due very soon, and Mac Bank are steadily accumulating what is becoming a remarkebly tightly held share. With the projects based very close to market, GHT is poised to be among the leaders.

PTR was a good call, but it's an easy call to make - there are simply so many reasons to add PTR to your 'geothermal parcel' - the Beach deal, thier proximity to demand, the investor-aware management team, a series of very promising tenements, etc.

So, nice for another mention, just hope the next one is better informed.