i understand your frustration, nothing i loath more than corporate vampires.
however i would be disappointed to see a move entirely away from geothermal.
the escalating number of dusters in the Oil and Gas sector, along with the money being spent on tapping unconventional reservoirs, suggests that peak oil is now a reality. which means that anyone holding good alternative energy assets has an Ace up their sleeve.
it may be too expensive right now in australia, but not overseas.
just gotta have assets in the right places. Hungary is already covered in holes, i believe they are just waiting on pending flow testing results before pressing ahead
so for now, i would rather see an "enhanced" portfolio than just another recap. i cam here for wider exposure. IMO there's already way too many energy/uranium/gold/ree plays to choose from.
GRK Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held