Ann: Telecom Hill and Mt Padbury Deliver More DSO, page-3

re: Ann: Telecom Hill and Mt Padbury Deliver ... http://www.proactiveinvestors.com.au/companies/news/26585/padbury-mining-increases-size-number-of-direct-shipping-ore-iron-ore-deposits-at-peak-hill-26585.html

Comment

The DSO results are significantly boosting development options and future project economics for the JV partners at Peak Hill. Although under the radar for now, given the potential developing at Peak Hill, once the merger is completed it is likely that Padbury will fetch higher valuation and demand from a number of quarters.