PAX 0.00% 1.2¢ panax geothermal limited

ppa signing and funding deal, page-4

  1. 1,192 Posts.
    Thanks William. I am also having difficulty understanding what's happening on the market, I would have expected after the very positive announcement last week sellers would have reconsidered their price.

    I also expected more buyers to come into the market. I am hoping today being a public holiday in some states is part of the reason.

    I had hoped we would be between 0.7c and 1c on the back of the news, perhaps by Friday as the news filters out.

    I still think the PPA will get us nearer 2c and funding to 4c - 6c then settle back to 3.5 - 4.5 slowly increasing in the new year towards 10c when production begins and continue on to 20c - 25c by 2014/15.

    This is my dream but I won't order the Ferrari just yet.

 
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