PAX 0.00% 1.2¢ panax geothermal limited

here is the first swag of shares, page-10

  1. 4,358 Posts.
    Notwithstanding all my recent posts about not having an issue with the funding facility. The two shortcomings are these (without being privy to the contract):

    1. Non-use of an average SP - weighted average of X preceding days;

    2. Non-use of escrow.

    The above is assuming that the above 2 conditions are not part of the agreement.

    Re 1: After today's announcement I think we can assume 1. was not put in place.

    Re 2: We cannot be certain about who did the selling today.



 
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