PAX 0.00% 1.2¢ panax geothermal limited

any day now?, page-11

  1. 20,020 Posts.
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    Possible bad news on the production rates Acees...

    "Also, production rates achieved to date are lower than would be expected from the most likely transmissivity estimate of 6.7 Dm, as determined from the wireline logging data of the open hole section (2,900m to 4,025m) by Down Under Geo Solutions (DUGEO) in Perth in May, 2010 (please refer to ASX announcement dated 20 May, 2010)."

    It just gets better and better for renewables in this country Acees. Meanwhile fossil fuel subsidies are still prevalent... see this from The Age re: subsidies in the US despite the GoM oil spill...

    http://www.theage.com.au/business/world-business/a-slick-argument-amid-the-oil-subsidies-20100704-zvul.html


 
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