large scale drilling begins today, page-4

In the words of Hudson from the movie Aliens:

"Hey, maybe you haven't been keeping up on current events, but we just got our a---s kicked, pal!"

PDY posters are beginning to resemble your typical punter. Only discussing the wins and never talking about the losses.

Tonnages mean jack without the infrastructure to get it to the customer. Sure China is growing but their customer (the rest of the world) is shrinking. Also, the OPR consortium is falling over as we speak. Everyone here seems to believe in the China miracle but there are some real issues to overcome for PDY in the coming years.

I've brought up a number of times the issue of a staged development servicing the southern miners first but no-one here wants to discuss it. Is there anyone out there that has a view on this issue or have all the real investors gone to greener pastures and we're left with the punters who want to see a trillion tonnes of IO on our balance sheet that will never have any positive impact on our income statement?!