I'd expect if the Geothermal industry revives then TEY will get swept up with it - already signs of this.
TEY has a huge geothermal resource in some great locations. However if they can't get the funds to drill it is just potential.
With some successes in the geothermal industry there would be a much greater appetite for drilling for this resource - whether that be AGL, other partners - or other geothermals may see TEY as a takeover target in the future
Also once there is more appetite for drilling TEY can bring in the technical expertise
Best of luck to all, Peteai
TEY Price at posting:
7.6¢ Sentiment: LT Buy Disclosure: Held