PAX 0.00% 1.2¢ panax geothermal limited

DV was terminated as I guess they would have only offered .001...

  1. 1,192 Posts.
    DV was terminated as I guess they would have only offered .001 for the 15% available netting $104K.
    We needed much more than that to stay solvent for any length of time.

    This way we get a decent amount of cash in and Panax still has 15% of twice as many shares up its sleeve should it be needed (lets hope not.

    As I said before this is a positive if you believe, as these projects WILL go ahead, just a matter of when.

    I'm in





 
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