ppa signing and funding deal, page-31

IMHO critical step for PAX - geothermal generally, remains to start receiving payments from production of electrical energy using steam from the earth.


The receipt of payments for energy generated from steam.



Until this starts happening IMHO the process shall remain viewed as a potential - perhaps to come at some future date IF can resolve difficulties.


So until above payments start to be received do not expect to see serious long term change in share prices.