PAX 0.00% 1.2¢ panax geothermal limited

it is always darkest before the dawn, page-17

  1. 4,660 Posts.
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    As you all know from my previous posts, the main issue on my mind is the PPA. One expects doors to open up following this critical event.

    What gives me some hope going forward in 2013 is that there are several other PPAs also due to be signed which of course means many other parties are affected by these delays ( that are not categorised as impediments ). So I think the jury is still out on causes for these delays.

    In Australia, wouldn't it be nice if funding was put foward to get Penola moving again. We are 5.5months from the carbon price revenues.

    By then GDY should have Innaminka producing.2MW hopefully getting interest back on geothermal generally.

    Chins up and keep the faith alive.
 
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