One more thing to mention with the discussion of the Kalina...

One more thing to mention with the discussion of the Kalina Cycle is that GDY, after the merger, dilution and share swap, retain FREE access to the KC technology (that is, no license fee).

Worth factoring into the estimates of eventual advantages available to GDY.

It looks set to be a eventful week, at least for observers. Regardless of any announcements, this week should see the commencement of the closed circuit program (repairs to damaged circulation equipment were a factor in the delays). It is also likely that target depth of 4250m will be intersected for JOL1 by late in the week or early next week.

Following the completion of JOL1, the rig will be dismantled and mobilised to SAV1 whilst the circulation tests are in progress.

I'm expecting increasing media attention to drive some significant SP appreciation over the next 10 weeks, and have increased my holdings correspondingly.

Cheers