Watch this podcast on Nevada Geothermal - short and sweet !

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As someone who is ever so slightly nerdy, I like my information to arrive thick and fast.

So hats off to Brian D. Fairbank, President and CEO of Nevada Geothermal Power who packed in an amazing amount of useful information into a a few short minutes on http://www.robtv.com/ - click on play under 8.50 a.m. ET.

The informational soundbite highlights were;

"You could look at (Geothermal) like a superheated lake of underground water"

"Nevada is ideal geology for this sort of stuff"

"Costs are all in 4 cents a kilowatt hour and you can sell it for 5 or 6"

Today was also the day that Nevada Geothermal announced the grant of 3,822,000 incentive stock options to certain directors, officers, employees and consultants. The options will be exercisable at a price of $0.65 per share for five years and the common shares are subject to a four month hold period from the date of this grant - 2nd March 2007.

For the time being, Nevada Geothermal is still a development company - the first of four plants, "Blue Mountain", will not come on stream until 2009.

This is certainly a company and an industry to keep an eye on. Although over what time period and with what load factor the figure of 4 cents a kilowatt hour is reached - obviously beyond the scope of this 6 minute podcast - would be very interesting to know.

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