"Drilling, sampling and seismic at Parachilna since 2007 has established the Project as the best observed temperature regime in Australia - the Code Compliant geothermal Resource identified at Parachilna (780,000PJ) remains Australia's largest, demonstrating the potential for a substantial on-grid geothermal field to be established north of Port Augusta in South Australia. With the completion of validation drilling at the Play in 2009 to over 1,800m depth, precision temperature logging has been possible allowing the assembly of the most comprehensive and reliable Australian geothermal project dataset yet collected. Predicted temperatures are amongst the best in the country"..........
GDY seems over-priced to me! 63M shares out, 6M MC... TEY is undervalued....
E.
TEY Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
