strike two, page-5

"The board still have the nerve to talk about preserving shareholder value pffft. They only care about shareholders who are putting money in now those of us whe put it in before can all go to hell."

Surely Hell would be a better Geothermal prospect than Penola, perhaps Panax should go to hell..... or at least keep drilling Penola in that direction.

I think the lack of inclusion of Indonesian investors in the CR might be something else that will change before the next CR seeing as Panax will then have a nice friendly smily new name recognisable in Indonesia and probably a 5Mw project announcement and promises of incremental expansions with more of the same on Dairi Prima and Ngebel.

Not including Indonesian investment ability is a ground floor mistake imho.