PDY 0.00% 0.7¢ padbury mining limited

capital raising soon - with jorc?, page-3

  1. 13,182 Posts.
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    SPP underwritten by the Chinese would be the best possible outcome for shareholders.

    Also, so long as the sp is trading above 2 cents, they will shortly be receiving funds from the listed options, and will continue to do so for the next 4½ months (+$9m).

    By the end of the second quarter I would expect to see around $10m in the bank which could potentially fund an additional 350 holes.

    They are going to have a very, very, very, very busy year....lol
 
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