I was just thinking that grindstone If I was to take a guess considering what Gary has said up until now... 1. He said that the infrastructure company had to be majority Australian owned hence Mid west infrastructure ... 2.To get any South Korean investment it will be helpful if we sign a engineering firm from South Korea to be involved because they're more likely to invest then...
My guess is we have signed a South Korean engineering firm to be involved in turn stumps up 20% to retain a certain percentage in mid west infrastructure and the rest from alliance super fund with a certain percentage in Midwest infrastructure and Padbury will keep a percentage of mid west infrastructure too... And with that funding Colin Barnett will look silly not to consider it considering what prime minister Tony Abbott has done with South Korea to entice foreign investment....
PDY Price at posting:
3.3¢ Sentiment: LT Buy Disclosure: Held