PDY padbury mining limited

colin barnett denies negotiations with pdy

  1. 17 Posts.
    Paste into your browser to view this video from ABC News

    http://www.abc.net.au/news/2014-04-11/padbury-mining-to-reveal-mystery-okajee-investors/5385520

    In Summary -

    "Padbury Mining has told the stock market it was in discussion with the State Goverment
    about the iron ore port and rail plan, but thats been denied by the government."

    National stockbroking house Bell Potter - "we certainly do remain skeptical on this.
    The size of Padbury, versus the size of the project, versus the size of the investors
    they'd need to bring in, would suggest that this would be a very difficult undertaking
    for them"

    "he came to prominence when he was fined $1500 two years ago for leaking
    confidential information to former premier Brian Burke. No conviction was
    recorded"

    "and the premier, who is on an official visit to China, is still trying to get Chinese
    help for the project"

    "Colin Barnett says he welcomes interest in the Oakajee Project, and discussions
    are continuing with China. The state government says there's no detailed negotiations
    with any new proponent, including Padbury Mining to develop Oakajee port and rail"

    Good luck on Tuesday
 
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