PAX 0.00% 1.2¢ panax geothermal limited

Very true Fly. Time will tell and you could be right about 100%...

  1. 171 Posts.
    lightbulb Created with Sketch. 26
    Very true Fly. Time will tell and you could be right about 100% finance. My thoughts are just idle speculation while trying to justify to my dear wife why we should invest in geothermal energy.

    However I do wish PAX had spent the waiting time filling out the geological information, or at least telling us a bit more about it so we can make our own judgements. The Nevada people seem to have gone bust by injecting their cold fluids into the hottest part of the reservoir, thereby cooling the geothermal system and reducing the power output from their production wells. Sounds like they didn't spend enough time on geology.
 
watchlist Created with Sketch. Add PAX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.