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GEODYNAMICS LIMITED - ASX: GDY
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Description
Geodynamics is involved in the business of geothermal energy generation from hot fractured rocks in Australia. The company owns geothermal ELs throughout Australia including in the Cooper Basin in SA and NSW. In SA interests include GRLs 3-12 and GELs 99 and 211; and in NSW ELs 5560 and 5886. SA interests are held in JV with Origin Ltd and called the Innamincka JV. Going forward the company is working to a three stage plan - Proof of concept stage, A pilot plant and Commercialisation plan. The company has also announced resources in accordance with the Geothermal Reporting Code 2008 for its South Australian tenements.
Mine For
Geothermal
Location of operation(s)
South Australia, New South Wales
Australian Basins
Cooper, Eromanga
Address
Level 3, 19 Lang Parade
MILTON, QLD, AUSTRALIA
Phone
3(61 7) 3721 7500
Website
http://www.geodynamics.com.au/
Last Updated
21/07/2010
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.

