Ann: Corporate and Project Update , page-7

Agreed Flyboy,

The only outstanding issues for me (the unknowns) are:

1. PPA signing; and
2. Execution of project funding ( and how it will look)

The project capex and returns are well known and readily availble for those who do the research.

With regard to PPA signing, I must admit, I am failing to understand why the relevant signatories are not signing (or taking so long to sign) when terms have been already agreed to (pre Sept 28) and the relevant final versions have been available since then. I could be completely wrong but it is highly likely (being a govt contract) that it is template style for business efficacy.
So apart from a few particulars, each PPA would largely be the same. So again, why the hold up - I thought they wanted geothermal as quickly as possible?

PT