I'm seriously considering buying some shares again in Panax. They've had a tough run of things but I'm really pleased with their Indonesian projects and have a lot of confidence in management.
Sadly Indonesia is too often ignored by Australian companies. I think companies with long term business relationships with Indonesia will benefit from that in the long term.
Well done to Panax for managing to make progress.I hope that they will be able to advance their Australian projects with the support of the CEFC next year.
PAX Price at posting:
1.4¢ Sentiment: Hold Disclosure: Not Held