the risk reward is very good - this is like having a punt on fmg at 30c.
tey has alot of boxes ticked already (780,000pj inferred, on the national grid, AGL as a partner) and looks set to continue.
and tey also has GDY in front of it to learn from!! let GDY & ORG be the leaders, TEY & AGK can learn from their mistakes.
i suspect some industry consolidation at some point to be honest, whether its a couple geothermals merging or the big JV partners taking out their smaller partners i dont know.
whats the next news we can expect from tey? agl starts drilling i assume??
TEY Price at posting:
32.0¢ Sentiment: None Disclosure: Not Held
