PAX 0.00% 1.2¢ panax geothermal limited

I would like to bring to the attention of Panax shareholders...

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  1. 957 Posts.
    I would like to bring to the attention of Panax shareholders that the following incident luckily had no effect on the geothermal projects of Bakrie/Panax in Indonesia so happily all shareholders can breath a sigh of relief.

    The Jakarta Post, Semarang | Tue, April 30 2013, 7:00 AM

    Railway workers at Poncol station could not believe their eyes when a locomotive, ready to draw a Jakarta-bound train at dawn on Sunday, moved off with the drivers nowhere to be seen on the roaring engine.

    Panic reigned when nobody could run fast enough to catch the 3-year-old loco as it accelerated wildly westward.

    The news came 15 minutes later, at 4:15 a.m, that the 80-ton engine had gone off the rails near Kaliwungu station in Kendal, 17 kilometers to the west. The engine crushed a goat pen, ploughed through fishponds and smashed the roofs of three houses before it plunged into a paddy field.

    Two people were slightly injured by the flying tiles when the loco hit the lower part of their roof. Along the way, it passed through at least eight railway crossings and two substations at an estimated speed of 100 kilometers an hour.

    http://www.thejakartapost.com/news/2013/04/30/ghost-train-100-kilometers-hour.html

 
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