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0.00% 1.2¢ panax geothermal limited

Guild why then did you compare Petratherm and Panax drill speed...

  1. arthurglaso
    197 Posts.
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    09/02/10
    23:36
    Post #: 6309731
    Guild why then did you compare Petratherm and Panax drill speed if they are both drilling through totally different sediments. If Panax is "working smarter" then perhaps we should compare them to similar projects.

    Petratherm has a potential 71mil from JV partners if the project progresses and its share of the 63mil gov grant. So accepted PAX is in a better cash position now but PTR is much better funded for the future.



    PAX Price at posting: 10.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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