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0.00% 1.2¢ panax geothermal limited

get a wriggle on ptr, page-58

  1. guild
    1,912 Posts.
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    06/11/09
    17:46
    Post #: 5883385
    Latest PAX ann confirms the extra 10 days and says PTR drilling delay due to "unexpected geological problems that require time to be investigated".

    Also notes we will have been delayed "some 80 days later than originally anticipated" in which time alone it appears PAX could drill a few wells.

    Now it has been extended even further, I would hope PAX is at least allowed to drill SAL1 and SAL2 before returning the rig to PTR.

    http://www.asx.com.au/asxpdf/20091106/pdf/31lx9d6kr5ffdp.pdf
    PAX Price at posting: 17.1¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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