PAX 0.00% 1.2¢ panax geothermal limited

Ann: Prospectus , page-15

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  1. 1,017 Posts.
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    The business model was always flawed and still is. Its always the same with a new player entering the market trying to dislodge encumbents. All the existing players with existing investments and existing relationships will do what ever they can to stop the new play getting to sit at the dining table. The PPA was never going to happen and never will, the existing players will ensure the final pennies are drawn out and wasted by ensuring further delays behind the scenes. This stock should be a great lesson for many investors not to be forgotten IMHO.

 
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