Nympho, converting to reserves might be difficult because on reading the report it appears they may have to drill down to 5,000 m to get the require temperature. Drilling to that depth is incredibly expensive, just ask GDY, although I understand there is some fancy Coretrack drill that is meant to help lower costs for geothermal drilling? I don't own any but will put it down as maybe a long term buy. They also own tenements in the place of my birth, Collie, (I'm a Melbourne boy now) so it would be great to see that get up since as we all know Collie is very much a coal mining town!
GRK Price at posting:
2.3¢ Sentiment: LT Buy Disclosure: Not Held