development of geothermal energy

Geothermal energy is an environmentally friendly, renewable power source for the Generation of sustainable electrical power

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Message: which will gap up next WGP, NGP, or GTH ? eom

In discussions with Serra Geothermal Power's Patrick Moodie (IR)....the easist coorelation is for each 20MW well produced it should increase $1.22. This naturally fits their model, other companies with more/less shares would be impacted differently.

The industry needs to establish some guideline for investors!

He indicated the fee paid by utilities for their power is in the range of $95/MW....then it is discounted for a net present value on their books.

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