A brief announcement from Geodynamics Limited on Friday 10 let us all know that the commissioning of GDY’s new drill rig was virtually complete, and that final preparations were underway to begin drilling.
Panax Geothermal has revealed that it has been unsuccessful in its bid for a $5m ‘Climate Ready’ grant for its Limestone Coast project. PAX remains optimistic, however, that its application for funding from the GDP will succeed.