PDY 0.00% 0.7¢ padbury mining limited

ability to service the debt facility, page-13

  1. 428 Posts.
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    Iliio,
    PDY own the Motts report so it is up to them to release it. I can't guess at its content or relevance in any manner or form. I have seen a lot of the engineering study documents for Oakajee and henc my scepticism for a whole lot of the posts on the PDY forum.
    What it comes down to from my point of view/opinion is that a solid business model for the port/rail needs to be provided to the potential users/customers of the infrastructure. This has not been provided and I would assume that the debt providers would need to see this before providing $6.5b in funding for said project.
    Call this negative or what have you, but business is business and the entities that loan money wabt to see a return.
 
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