I think the withdrawal of TruEnergy has had more impact than first realised. I am guessing that PTR are on the look out for another partner before committing dollars to drilling the next thermal hole and building the trial power plant. Getting the power plant up and going is the proof that we need that the technology works. The theory is great but the proof of the pudding etc.etc.etc......gives the investors confidence. In today's political climate confidence is a commodity that is in short supply at the moment . A period of global stability is needed for the project to advance at the pace that was originally promoted.
kippax
PTR Price at posting:
4.8¢ Sentiment: Hold Disclosure: Held
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