Hi all, I tend to agree with you on that porthos but what puzzles me is the title "Hot Rocks hopes hold". It all comes down to raising that 5 mill. so that they can get their hands on the funds already allocated from ARENA. That's going to be very difficult in this current climate of sentiment but they do have until July 19.What also surprised me is that they sent the specialised drill rig home to USA, which explains now why they haven't drilled the producer well.I don't recall PTR telling the investors that do you's?. So if they do raise the funds how then are they going to drill? Rockist they won't release a financial modelling because GDY have already stated that it wasn't feasible for them to build a bigger generator plant at this point in time, or something to that effect.PTR are offshore as well and are thinking of selling, hope not because I thought they would really make it happen there and generate some much needed income.I'm a LTH of PTR and although things are not looking good I will still hold because I believe in the technology and what it stands for and that is clean renewable energy. raysea.
PTR Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
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