re: Ann: High Heat Flow Returned, Port August...
i have been so tempted to dump 100% of my portfolio into tey. they sit on some very promising ground, all announcements are very positive, agl as a jv partner and all with a market cap one twenty fifth of gdy.
obviously gdy is the leading geothermal on asx and has org as a partner with about $100m in the bank, but is it worth 25 times tey?
i think maybe 5 times, or 10 times would be more reasonable....?
TEY Price at posting:
21.4¢ Sentiment: None Disclosure: Not Held