Happy to take 2.6/ as a long term buy, given all of the recent...

Happy to take 2.6/ as a long term buy, given all of the recent grants etc. They need a partner/JV which if found, will re-rate the company. Further funding updates are due by the end of Nov. The below will add to GRK's business case for a potential drill in the first half of 2011.

Sydney - Thursday - October 28: (RWE Aust Business News) - Green
Rock (ASX:GRK) has had its North Perth Basin permits measured for the
geothermal resources.
An independent estimate has shown a very large inferred resource
with stored heat totalling over 1m petajoules thermal in seven of the
permits.
The resource, based on temperature data in existing wells in the
target reservoir, is 26,000 PJ, sufficient to support a target of 100MW
in power generation capacity.
Green Rock plans to define drilling targets in H111.