re: Ann: MD presents to US-Australia Roundtab... Sounds like u...

re: Ann: MD presents to US-Australia Roundtab... Sounds like u just after some money back.....ptr is more about the sustainable future avaiability of clean energy than short term cash back.therefore a medium to long term view is required but profit will certainly come once electricity is generated.

Agree that ptr seek another JV partner thus the location of the presentation...

If any geothermal gets a grant or another joint venture partner it is most likely that it would be Ptr.

Why

1 the profile that Paralana as a world leader in geothermal energy has.
2 the score is on the board already of previous successfull drills..
3 local market for energy increasing due to existing mineral projects and future mineral projects.
4 cost of energy expected to increase due to petroleum/ gas shortages due to LNG sales to Asia in the next few years.
5 climate change forcing changes in energy mix..firstly to move to Gas from coal then to nuclear or renewables like geothermal.

I believe that a farmin is more likely in the short term rather than a cash raising due to current ptr price.

Because of the very low number of shares available large price jumps will be the order of the day on any positive news..

Ptr has two large shareholders don't think they have any intentions of selling in the short to medium term.

Ie the options are already just .003cents from being in the money.
Still think that some forward lookin shareholders will start to accumulate next month...so u could get back some of ur cash after this occures.

Good luck.