With this potential, I do not see why PAX should be shackled by...

With this potential, I do not see why PAX should be shackled by the lack of government direction and continue to use it as an excuse for their SP woes - (to me) is a bit of a copout. Hitting real milestones around Penola and the Indonesia project which is in the COYs control, will be the critical things that investors are looking and will ultimately improve the SP.

In my opinion, the estimated revenue for a single geothermal project should be enough for any investor to invest on its own merits in the absence of a carbon price.

Positive Government direction should only be seen as a bonus.