Marmaduke I hope you are wrong but as things stand in Penola we have one hole that doesn't work, I understand that contractors have been engaged for remediation, I also remember reading some time ago that Panax have found higher temps nearby hopefully they can tap the new fund the Govt has created as part of the Carbon Tax
@Biache I have been reading Pax presentations which state Dairi Prima has 10 existing production wells that only require remediation work therefore I believe Pax could possibly get this online in 2013, I think your appraisal of Sokoria could be correct.
It would be nice in Pax mgmt would release more detail for us long suffering investors.
I think if you wait for Molten fiunding to invest you may miss the boat as I expect there to be a quick lift similar to what happened to HRL then a settle back and hopefully then a slow steady rise up to June carbon tax which I hope will get bigger fish thinking about Geothermal
- Forums
- ASX - By Stock
- PAX
- Ann: Moten Power Update
Ann: Moten Power Update , page-54
-
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online