In view of Professor Tim Flannery’s services being no longer required by the new Federal Govt – I was curious to have a look at the history of Geodynamics Ltd GDY – a green energy company that the good Prof was invested in. GDY floated in late 2002 with a market capitalisation of under $20 … Continue reading Geodynamics Ltd – persistent Australian geothermal energy explorer – a quick history
There must have been a $Billion or more sunk over a decade into the quest for an economic geothermal electricity project in Australia. The aim has always been for projects on a scale that could contribute to the grid and retire some baseload coal fired generators. Last month I wrote about pioneer hot rocks driller … Continue reading Are there any geothermal electricity generation success stories in Australia?
In January 2011 I checked out the sharemarket performance of seven ‘green’ companies on the ASX. Their performance had not been very good. GEODYNAMICS LIMITED GDY GREEN INVEST LIMITED GNV GREEN ROCK ENERGY LIMITED GRK GREENCAP LIMITED GCG GREENEARTH ENERGY LIMITED GER GREENPOWER ENERGY LIMITED GPP CARBON CONSCIOUS LIMITED CCF A year later I checked … Continue reading Seven “green” companies I checked in January 2011 – still poor investments
Scanning through the ASX – as I do – I have noticed several companies trying to exploit “green opportunities” usually with the help of massive Govt subsidies – which means their hands are in OUR pockets. Nice to see many failing – sooner they quietly go bust – the better for our hip pockets. I … Continue reading Few success stories in “green” companies – despite the help they all get from Govt subsidies