PAX panax geothermal limited

geothermal vs coal in indonesia, page-6

  1. 2,041 Posts.
    ifandwhen - you got a thumbs up.

    The devil is always in the detail. The newbie (f-boy) or whatever, and his crew, think it is ok having an accountant running a company in a country littered with carcasses of those who have previously tried and failed, particularly in a sector where it is difficult to begin with.

    Thank you very much for posting a credentialed and rational post. Refreshing really. This is not to say PAX does not have potential, it does, particularly at the current price, but expecting PPA's at 15c+ when the latest was at 8.7c is a pipe dream.

    Ask Baker McKenzie.
 
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