...Apparently the Govts green energy plan has Geothermal at its highest level...
..This is because Geothermal can compete directly with Coal as a complete stand alone power sourceand there is no problems with grid power supply that we are seeing with solar power units....
..IMO its only a matter of time before the Geothermal companies are rerated to much higher levels and PAX is at the forefront especially given they are also operating in Indonesia and the power required in that country is enormous and the geothermal zones in Indonesia are very substantial...
...A bargain at these prices, cant believe they are at these levels...
...RB
PAX Price at posting:
1.4¢ Sentiment: LT Buy Disclosure: Held