PAX 0.00% 1.2¢ panax geothermal limited

funding announcement, page-29

  1. 133 Posts.
    Re Australian geothermals.. In the last 24 hours the average wholesale price per MWh has been $53.20 (NSW), $50.56 (QLD), $46.56 (SA), $49.59 (TAS) and $51.08 (VIC).

    Unless EGS can demonstrate similar pricing they'e going to be waiting a long time until the carbon price gets significant. At the start everyone went for the technology dream but now financial reality has struck. I can't see anyway out of it in the sharemarket.
 
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