PAX 0.00% 1.2¢ panax geothermal limited

take a step back - see it for what it is, page-32

  1. 7,186 Posts.
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    Re the PPAs what more could they have done - in June when they were formally advised, in writing, that the PPAs were final and ready for execution - they announced this - fact.

    Since then the 'inevitable' bureaucratic delays - out of their hands I presume.....?

    Everyone knows they are tight financially (in a tight spot) - this recent working capital facility removes one pressure point/leverage for those parties interested in providing long term financing for the Indo GT projects?

    The $700k they have in the kitty will see them into the new Year presumably. $700k is still a fair sum of money?

    The Coy Secretary resigned - a saving there - KP is doing that role for the time - prudence?
 
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