GRK 0.00% 0.2¢ green rock energy limited

world expert joins grk board , page-6

  1. 831 Posts.
    Zak,

    GDY have very good temperatures and are more advanced in their Australian project. However, GDY is in the middle of no where and have to build 500 kms of transmission lines to guess where - Olympic Dam. Apart from the cost of building the line, imagine the transmission losses. GRK's GEL completely surrounds Olympic Dam and is right next to the national grid. If GRK drills down to the same depth as GDY and records similar temperatures, I can't see why the sp of GRK will surpass GDY given its location.
 
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