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Friday, May 3, 2013

Australia:

EGS Success Boosts Geodynamics Share Price (Proactive Investors Australia)

ASX Chart at 9:00 am May 3, 2013
Geodynamics’ share price has rocketed 150% after the company revealed it had produced Australia’s first Enhanced Geothermal Systems (EGS) generated power this week.

Shares hit an intra-day high of $0.20 today on the exchange of around 7.7 million shares, compared to the closing price of $0.08 on Wednesday 1 May 2013 – the day before the announcement.

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