I for one will not be holding my breath waiting for a JV to lift PAX, the system is either economic or it isn't, plain and simple.
Panax are going to have to concentrate on lean and economic if they are to survive, then the merit will draw the value which is the way it should be anyway instead of relying on pop speak by the pollies to tint your glasses and line your pockets.
( I was going to say pop speak by the pip squeaks but thought it a bit far fetched, in retrospect it fits the pollie scenario nicely lol)
PAX Price at posting:
10.9¢ Sentiment: None Disclosure: Held