"“Receiving licence approval was the final hurdle before PTDPM was able to proceed with its project development, with first production scheduled to occur by late calendar 2013"
"Panax Geothermal Limited (“Panax”) is one step closer to commencing development of up to 25 megawatts of geothermal power for PT Dairi Prima Mineral’s (“PTDPM”) underground lead and zinc mine in northern Sumatra, with the approval of the final mining licences and permits for the PTDPM mine."
PAX Price at posting:
1.3¢ Sentiment: None Disclosure: Held
