PTR have the PR thing nailed, now, about that low temperature, non-saturated HEWI model.....
A greater focus on the Spanish tenements could encourage a far wider spectrum of investors to get behind the company. I know I would want to buy further into those projects, but don't want exposure to the risks that HEWI raises (but each to their own, eh?).
The pre-feasability is a step in the right direction. The company seems to have a real focus on developing the international tenements. I'm holding in the hope that success in Spain puts Paralana on the backburner until an income-generating project can support the company should Paralana fail. Drilling at Paralana is scheduled to commence 2H09, though a rig has not been secured (could PTR be part of the geothermal syndicate PAX has referred to?).
PTR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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