FBmy post titled a long but interesting read authored by law...

FB

my post titled a long but interesting read authored by law firm Baker & McKenzie gives a very good overview of geothermal in indonesia and the political and legal framework surrounding it.

Otherwise this is the link to the most recent report by proactive investors:

http://www.proactiveinvestors.com.au/companies/news/32185/panax-geothermal-funded-to-progress-indonesian-geothermal-power-agreements-and-financing-32185.html

IMO I tend to agree with william in that on signing of PPA we should see SP move to 1.5-2c and then on funding announcement (dependant on terms of course) we should see SP move to 5-7c (spike) settling back to 3.5-4.5c

That is of course only my opinion DYOR