PAX panax geothermal limited

For those of you who haven't seen the new website, I found the...

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    For those of you who haven't seen the new website, I found the paragraphs discussing the Sibayak area interesting and encouraging. (Its probably old news but I wasn't aware of it so it is new to me)

    Apparently, PAX is making progress with discussions with the current plant operator at Sibayak (Pertamina Geothermal)for a possible JV.

    This area is already producing geothermal power albeit small amounts - 6 out of the 10 production wells are producing.(Total installed capacity is 10.6 MWe (two units of 5.3 MWe)

    I would welcome any income stream from Geothermal power as a step in the right direction. (Getting a little tired of seeing only interest revenue from deposits)

 
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