PAX panax geothermal limited

Ann: Funding Update , page-3

  1. 1,177 Posts.
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    quoted verbatim from the announcement. "Panax continues to be approached, on a regular basis, by investment groups who see the
    strong potential and commercial viability and long term economic value of the portfolio of
    projects that Panax had assembled in Indonesia"

    I find it very odd that Panax are talking about themselves in the past tense, doesn't anyone proof read or edit the stuff they put about.

    The last item that really irked me was the photo of how bored can you get discussing Panax's prospects with the locals in Indonesia.

    IMV relinquishing the HOA with Molten is playing into Molten's hand, not squeezing it.

    The pressure is building on Panax, not Molten in the survival of the fattest, oops fittest here.

    All we need look at it is who may benefit from Panax going Pffft or holding the SP down for a considerable period, I have seen the last tactic used previously in Indonesian ventures.

    suggestions ??

    A long road ahead with many potholes to be avoided, where is the expertise in this company, or do we get led around by the nose by contractors without a plan B or a care in the world...



 
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