Australia:

Hot Rock : Quarterly Activities Report (4 Traders - News Release)

The Board of Hot Rock Limited, based in Brisbane Queensland, Australia, has provided the following update on progress made during the March Quarter of 2014.

Highlights include:

• Geothermal work advancing in the Otway Basin
• Externally funded NICTA research program commences in Otway Basin
• Sale of drill casing and high pressure wellhead completed
• Significant joint venture and acquisition opportunities are being evaluated
• Company operating with low overhead and operating costs to conserve cash
• Cash at end of quarter $1.8 million

Read More.....