TEY 0.00% 3.5¢ torrens energy limited

smh article- looks like we are openiong up, page-6

  1. 3,102 Posts.
    I'd expect if the Geothermal industry revives then TEY will get swept up with it - already signs of this.

    TEY has a huge geothermal resource in some great locations.
    However if they can't get the funds to drill it is just potential.

    With some successes in the geothermal industry there would be a much greater appetite for drilling for this resource - whether that be AGL, other partners - or other geothermals may see TEY as a takeover target in the future

    Also once there is more appetite for drilling TEY can bring in the technical expertise

    Best of luck to all,
    Peteai
 
watchlist Created with Sketch. Add TEY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.