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Geodynamics "early focus was on field exploration and site selection, economic modeling studies and the preparation of its Initial Public Offering (IPO). Its independently verified studies selected the optimal site for development, calculated the expected output and estimated the economics of the demonstration plant, as well as the benefits of a full-scale commercial development.

"The company successfully raised $11.5 million via an IPO in 2002, as well as further funds totaling $142 million for the 5 years to December 2007. Origin Energy Limited has also provided a significant financial boost to the company through its previously mentioned farm-in deal worth $105.6 million. Geodynamics currently has a market captialisation of $306 m (191 m @ $1.60)." [1]


Accessed February 2009: [2]



Resources and articles

Related Sourcewatch articles


  1. Progress to date, Geodynamics, accessed February 7, 2009.
  2. Directors, Geodynamics, accessed February 7, 2009.