Tawnyport,GRK’s achille’s heal will be their cash position....

Tawnyport,

GRK’s achille’s heal will be their cash position. However, they have the $1.5million refund from the Geofund coming next month. I also believe that the Government, whichever that will be will be very supportive of Geothermal electricity generation. Queue the JV with a Major company, REDI grant and suddenly GRK’s cash problems are over.

In GRK’s favour, they have got a very good location, with what seems to be favourable stress fractures, a plan to develop the resource (mini frac with CSIRO, demo plant etc) and very experienced people on board.