i understand what your saying but a smelter and a mine are 2...

i understand what your saying but a smelter and a mine are 2 different things
due to a change in law after that deal, PLN were required to purchase all geothermal power produced. panax had to renegotiaite with PLN as a rule. PLN only had 9.7c guaranteed so the 15c deal was not on the table at the time - with the gov guarantees to pay in a range of 10-17 now it is likely we can proceed to fianlise the ppa. they have written to us saying the ppa terms are finalised. So Now they are trying to make a contract to on sell that power, that is my view.