With HAV allowing GHT to use their rig for the 500m holes, it makes you wonder what else they may choose to make availible. In terms of drilling equiptment and the people to run it, HAV are a league above GHT. SO, a general question to anyone who might know or speculate an answer: Do you think HAV, with a large financial incentive to see GHT reach it's targets in competitive time, will be able to provide necessary equiptment further down the track? Particularly workmen and drilling equiptment.... As for GDY, they are further from the grid (500km from closest demand - Olympic Dam) but the have the exclusive rights to the Kalina Cycle, which they believe will allow them to create electricity with 30% more efficiency that the benchmark system (which GHT will most likely be adopting). Are there any electricians lurking who know the financial implications of using 500km of transmission wires? Can't be good. I think at the current market cap, GHT is just as good a punt as GDY, and maybe even better if you have an appetie for risk.
GHT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
