PAX panax geothermal limited

Minusteni must say i like your 'we should see SP move to 5-7c...

  1. 2,854 Posts.
    Minusten
    i must say i like your 'we should see SP move to 5-7c (spike) settling back to 3.5-4.5c'

    i also must say i was being very conservative.i feel you could well be correct in your SP estimates.
    we just need to sit patiently now and await the imminent confirmation of the PPA signing which in the latest quarterly stated

    'We received written advice from PLN in conjunction with the Indonesian Ministries of Finance and Energy, in regard to finalisation of Power Purchase Agreements (PPA’s) for both our Sokoria Geothermal Project and our Dairi Prima Geothermal Project. PLN and the Ministries of Finance
    and Energy have confirmed that all negotiations relating to the terms and conditions of the PPAs for both Sokoria and Dairi Prima Projects are now final, and the final execution copies ofthese agreements are now being reviewed and prepared. Based on the written advice received,execution of these agreements is expected to occur shortly.'
 
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