The GRK GeoT resource is very exciting and could not be better...

The GRK GeoT resource is very exciting and could not be better located in terms of long term electricity demand growth in WA. I believe that the costs of exploring it and exploiting it may well be coming down rather dramatically compared to the sort of costs incurred by GDY and PAX in recent drilling. In correspondence with Richard Beresford last week he told me that he and some of his team were going to visit the CKK demonstration drilling program at Meredin where a new drill rig designed for specifically deep, hard rock drilling, is in a proving up trial. See the CKK thread for more info - but this little rig could well make the GRK cash go a very long way.