Thoroughly hammered, especially considering the government grant came through. Come to think of it, I need to start a thread about this, I believe we've recently crossed into negative NPV territory..
The ETS super tax should benefit geothermal, as far as coal is concerned it will have the same impact (if not greater) than an ETS - domestic coal will go up in price. It's a wonder geothermals haven't responded positively, making me think the proposed super tax is not the main driver in market movements right now.
The drill problem was ages ago, unless I'm missing something.
Thoroughly hammered, especially considering the government grant...
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