apart from already having assests in renewable friendly Hungary, GRK are also on the record as looking for other diversifying interests to add some verve to their portfolio.
if that should happen to be other geothermal assets, then it will benefit us if they are in the US, Indonesia, Africa or Europe, where Billions of dollars are about to be spent on fast tracking geothermal.
The energy assets that Cygnet have placed with aussie juniors so far are typically offshore, esp in America and Eastern Europe.
I reckon that a renewables "bubble" is about to float off, and out of every bubble you end up with at least one major player and one high returning midcap (eg PDN/EXT for U, LYC/PEK for ree, and now hopefully GDY/GRK for renewables)
GRK Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
