Of course a signed PPA is the best way to rebut all of the speculation.
It makes me wonder however....
It would seem that all that can be done in Indonesia has been done re pre PPA, and not much more can be done without the PPA. There was nothing in the qtrly to indicate anything on the geological front but happy to stand corrected.
While awaiting the PPA why not start directing attention to Penola with an application for State/Fed funding either to remediate existing well or start over again? Carbon price revenues are 4 months away and pre-election.
Although I think KP has done well to minimise expenditure, nevertheless, cash is still burning without much progress on anything.as far as I am aware.
PAX Price at posting:
0.3¢ Sentiment: None Disclosure: Held