PAX panax geothermal limited

what others are doing, page-5

  1. 8,839 Posts.
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    Agreed, PAX's first cab off the rank is a special case (once the PPA is granted!).

    From the recent AR:

    "DPM is a subsidiary of Bumi Resources Group. First production from DPM’s mine is expected to occur in 2013/2014.

    The region has one operating geothermal power plant at the Sibayak geothermal field and two neighbouring fields,
    operated by PT Pertamina Geothermal.

    This is the most advanced geothermal field in the region with established geothermal reserves and 10 existing
    production wells.

    The field is regarded as being under utilised and discussions are well advanced regarding the joint development of spare capacity of the Sibayak geothermal reserves to supply DPM’s mine."
 
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