GRK 0.00% 0.2¢ green rock energy limited

The pace of developement of this company is very slow. True for...

  1. Dis
    3,741 Posts.
    The pace of developement of this company is very slow. True for many in the Geothermal sector being starved of funds but GRK seems slower than most (IMHO anyway)

    This resource is in Australia competing against cheap power sources. Economics would be much better if is was in a more welcoming political environement, and competing against diesel out in whoop whoop.

    Time from resource estimate to drilling a well to having a full capacity powerstation seems very long in this industry. Its not like junior oilers who who drill a well and are making Cas$ 2 months later.
 
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Currently unlisted public company.

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