Ann: High Heat Flow Returned, Port Augusta Projec, page-11

re: Ann: High Heat Flow Returned, Port August... Yes Butcherboy all geothermals are speculative - however many aspects of TEY make it less speculative
alot of their modelling has been backed up by drilling to suggest decent temperatures(see announcements for details) suggesting temps > 200C

The 708,000 PJ Beermee refers to I beleive was reported as a JORC resource in one on there reports

When you are near infrastructure it becomes less speculative because in comparison to say GDY - GDY needs all factors to be right for them to be sure it is economic for many years because the huge outlays in infrastructure are made - I am not saying gdy does not have a great chance but it needs to b absolutely sure it resource iws the best of the best

I see TEY in some ways less risky because even if things turn out to be not a good as expected it could still be a very protifitable resource