Just trawling around the net and found the link below to an ABC news item of 22/06/2010.
Bertus was of the view that the delay in test results announced on 21/06/2010 could be as little as a week and a half to "several weeks".
The owner of the Salamander-1 well at Penola, Panax Geothermal, is reporting a delay with a specialist logging contractor.
The contractor is required to finalise testing at the site, but the work has been pushed back by at least 10 days.
Bertus de Graaf from Panax says the announcement should have little impact for the workers at the site in the south-east of South Australia.
"It's a courtesy to the market. We had announced we would be finished before that date and this delay has been out of our control, so we just tell the market it will be a few weeks later, or one-and-a-half weeks later than we had thought," he said.
The testing is expected to be finished by early next month.
Gee if only other companies would keep their shareholders as informed as Panax...I wish, I wish.......
Cheers
http://www.abc.net.au/news/stories/2010/06/22/2933666.htm
- Forums
- ASX - By Stock
- PAX
- any day now?
any day now?
-
- There are more pages in this discussion • 39 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
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online