PAX panax geothermal limited
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Let's assume one or more PPA's is signed. Does anyone have a...

  1. Rockist
    171 Posts.
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    09/11/12
    08:47
    Post #: 10976707
    Let's assume one or more PPA's is signed. Does anyone have a feel for exactly how PAX will raise development funds? The MC is miniscule, they have no track record in conventional geothermal (not even any exploration results of their own from Indonesia), and the market is not exactly throwing money around. You'd be asking financiers to trust an unproven team with little technical expertise.

    What would be the odds on a takeover by an established geothermal developer?
    PAX Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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