Monday, April 16, 2012


Tech Focus: Geodynamics and the geothermal reality check

by Giles Parkinson
How times have changed. When Geodynamics was first drilling its series of wells at Habenero near the small town of Innamincka in the South Australian outback nearly 10 years ago, it was amid an air of great expectation. Investors had pushed the stock price to more than $2 a share, the market value of the company was around $200 million, and it was thought that the cutting edge technology in the hot dry rock geothermal sector was such a sure thing that it would account for a good portion of the mandatory renewable 

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