PDY padbury mining limited

"Well zero, even if/when the shares fall, I believe PDY will not...

  1. 22,728 Posts.
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    "Well zero, even if/when the shares fall, I believe PDY will not fall to the previous levels of .003c again, so long term holders may still be better off that several months ago.

    Even if people judge PDy as having no hope of building Oakajee, it seems that there is more prospect of Oakajee bein built by another consortium.
    So if the port looks like being built in the foreseeable future that will support the PDY share price.
    Who knows to what level but maybe between 1 and 2c."

    parleycross,
    Said that a few times, that if and when OPR ever is constructed, that PDY ore will still be sellable, but CANNOT see any future for PDY with current staff, or current name. Will need to obliterate all past connections and references to PDY, it would be a 'No Buy' on most watchlists at the moment.
    I've never stopped 'watching', and can't see how the share price rose so high of late, with no real concrete info. Even the Mott MacDonald report appears to be missing. Why haven't holders queried PDY as to its whereabouts.

    Although I don't think it will relist in its current form, shares would be lucky to be worth .2 cents I feel.
    Lots of people could have, and probably did buy at that level, I couldn't see any reason to do so, and am glad I never.
    Anyone that held from over 12months ago, had a golden opportunity to escape on the 11th, and probably at a very good profit. Those that bought on the hype leading up to, and on the 11th, PDY has some serious explaining to do, and I hope those that got stung, can salvage something out of this.
    Depending on what ASIC anns. might be able to get reimbursement from mngmnt, I.E. they buy your shares with their own "personal" money. Really can't see a solution here.
    .........................................................................

    grubaruba,

    Instead of telling everyone to put me on ignore, why don't you?
 
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