I find the following paragraph the most encouraging:"What's...

I find the following paragraph the most encouraging:

"What's more, it takes PLN a month to get a letter appointing a team signed by all PLN directors. And yet foreign investors regularly allocate three or four months to finalise a PPA with the PLN, on geothermal transactions."

In my view, and based on PAX announcements, those 3 to 4 months have already occurred. The PPA has been agreed now awaiting final execution.

My take on the article is as per my previous post.

PT
(p.s Graham, not sure if you were being sarcastic, but PPA signing by Xmas would be cutting it a bit fine don't you think?)