PAX 0.00% 1.2¢ panax geothermal limited

fame to shame

  1. 371 Posts.
    i look back when pax was drilling its penola well, they were the 2nd biggest geothermal stock on the market battling with PTR.

    Now pax have not only been the only company to utilise their drilling funds, they are the only company with a measured HSA resource. We have secured fantastic prospects in indonesia since then and seen nothing but down from there.

    How PAX has now just become the smallest geothermal company on the market today has me baffled. Either pax are grossly undervalued or the whole sector is about to crash and burn because if the market is not pricing quality conventional geothermal with any value then in my oppinion EGS stocks with just rock in a desert are totally worthless.

 
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Currently unlisted public company.

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