PAX 0.00% 1.2¢ panax geothermal limited

was a good presentation, and a lot of questionsgeneral view and...

  1. 107 Posts.
    was a good presentation, and a lot of questions
    general view and opinion is very supportive of the strategy that Panax has adopted, and the progress they have made in indo in a very short time. you look at the PAX annual accounts, they have spent about $3 million to get where they are in Indo. you look at what Origin have spent - somewhere closer to $25 million, and no-where near where PAX is.
    patience is required. Indo not the fastest place to do business. but you look at the presentation today - right energy source, right country, technology already working there, good ppas, good tariffs.
    KP nailed these points in his presentation
    i am buying more after today
 
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