PAX 0.00% 1.2¢ panax geothermal limited

Ann: Corporate and Project Update , page-10

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  1. 107 Posts.
    PrimoTrader
    having worked in that part of the world before over the years, and still keeping contact up there with people who do - invariably those contracts are similar but never the same.
    the geothermal ones are different again as i understand it, dependent on which regime the bid was made under
    similarly up there, with geothermal - there are 11 of these contracts in the process of being signed - what i have been told is that PLN will have a number of negotiating teams working with different developers on PPA's - is not just one group
    i am not surprised in some ways by the length of time it is taking
    as i have stated on this topic a few times - PAX/Bakrie are way ahead in the process of where Origin and Tata are in theirs
    important to be patient - although has taken a long time
 
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