PAX 0.00% 1.2¢ panax geothermal limited

BennyI know you are a Panax tragic like me however I need to...

  1. 1,192 Posts.
    Benny

    I know you are a Panax tragic like me however I need to correct your maths, you stated above the dilution was about 3%.

    There are 697M shares,Deer Valley have been issued 78.84M, I make that 11.3%, I paid a considerably more than that for just over 2%.

    Even with those figures I am satisfied enough as management need to keep us solvent until project funding arrives and I really believe it is close.

    In my dreams I still imagine we will be between 2c and 4c this time next year.

    Time to duck again.

 
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