That there are multiple groups interested in funding PAX's...

That there are multiple groups interested in funding PAX's projects going forward only increases the likelihood that whichever deal is ultimately cut will be reasonable for PAX and existing shareholders (in theory):

"The funding partners with whom we are engaged and who we consider to have the most likelihood of completing a funding deal to a mutually successful conclusion include (but is not
limited to):

o A syndicated group of Singapore based investment funds with the ability to provide the required equity capital for our Indonesian projects. The key funds that form part
of the syndicated group have prior investment experience in geothermal projects in the Asia Pacific region;

o A European based investment fund with the ability to provide the majority of the required equity capital for our Indonesian projects. The fund already has substantial
investment in renewable energy projects in Europe and Asia; and

o A Chinese based conglomerate with the ability to provide the required equity and project finance requirements for our projects, along with substantial technical and development experience. The group already has investment in geothermal projects in Asia.

Draft terms sheet have been exchanged and are being reviewed with a number of these groups.

The Chinese guys sound like my best bet!