It's all good ……….…. diverse little stock ….. that COULD! end up...

It's all good ……….…. diverse little stock ….. that COULD! end up being not so little, but keep eyes wide open …….. you never know whats around the corner

http://www.greenrock.com.au/media/2014_03_12___ASX___Hungary_Concession_Award.pdf

30 June 2014 (ASX Code GRK) Hungary Geothermal Concession Terms Agreed Green Rock Energy is pleased to announce that CEGE, its JV geothermal company with MOL in Hungary, has agreed terms and conditions with the Hungarian Government on the Jászberény geothermal concession. CEGE will now progress the project, commencing with planning for the second well close to the well successfully evaluated in 2010 for its geothermal potential and now owned by CEGE. Green Rock and MOL have agreed that MOL will fully fund the 2014 work program budgeted for approximately $700,000, with Green Rock’s interest reducing from 46% to 35.3%. This will provide time for Green Rock to seek to raise equity in Europe into its share of the geothermal project company.


Cheers ……. J