PAX 0.00% 1.2¢ panax geothermal limited

Ann: Prospectus , page-12

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  1. 1,192 Posts.
    William

    Could go either way if we get PPA's price will go up but without them we could easily end up at .001 in a few weeks.

    Just seems too much happening at the moment a CR, move to Adelaide, name change, new directors.

    The name change alone will cause a lot of unneccesary costs at a time when even after the CR we will only have about $1.5M.

    The move also worries me will we keep key staff when HQ moves from Brisbane to Adelaide?

    This business is Mega High Risk but I am in too deep so gotta support CR.

    I also expect another CR soon after PPA's if they ever come.

    I know one thing for sure I will never again invest in a business that has any exposure to Indonesia.
 
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