I can't see the SP of this sotck going anywhere until PAX turns one of its many opportunities into a cash generating enterprise. For example, how long have we being waiting for something to come out of Salamader-1?
It seems to me that PAX has many irons in the fire but has yet to demostrate its ability to create a producing unit using geothermal technology. IMO, the SP reflects this.
I'm more than happy to have any flaws in my thinking pointed out to me.
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