Forgot to add that I checked about escrow shareholders too. Escrow shareholders including Paul have no plans to sell and are all long term holders
The reaction to PAM's geothermal licences will probably depend on how well the sentiment on other geothermal players like VUL is and the state of the fear in the market. I think inflation has peaked but Fed is trying to scare the market to do their job properly of reducing spending in the economy with their words as well as the interest rate.
PAM needs to revalue upwards like the other players soon. My guess it will be around the time of the scoping study and license approvals towards the end of the year
PAM Price at posting:
43.5¢ Sentiment: Buy Disclosure: Held
