PAX 0.00% 1.2¢ panax geothermal limited

deer valley funding, page-5

  1. 107 Posts.
    i called to ask - and find that calling and asking is often the best way, rather than talking about going to call and not calling.

    the answer was quite simple - they want to draw on the facility as scarcely as possible. KP indicated they will use the facility but sparingly.

    in terms of amount - he indicated that they are drawing small amounts simply to supplement current cash levels - rather than trying to raise a large amount and flood the market with stock

    he also indicated they have some R and D rebate money coming back to them in January - he did not say how much but i gather is reasonable size amount

    am not sure what you mean by the website being down - it is up. in any event, KP's email and mobile details are on every release - so i actually find that he is quite easy to contact
 
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