PDY 0.00% 0.7¢ padbury mining limited

Ann: MOU with Chinese Investor , page-22

  1. 330 Posts.
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    The Chinese are after the project - 3.5 to 5 billion tonnes of iron ore.

    They put some money into the company to get some shares before it all really starts. This way they can be first at the project when it is proved up.

    I think it is the start of it.
 
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