latest press, page-15

I love how some people take all the things that the media has said as truth (and it has been pretty spot on so far) but when the australian posts something positive no one is on it except the holders...

"PADBURY Mining’s $6.5 billion revival plan for the Oakajee iron ore port and rail project in Western Australia is contingent on what would probably be a South Korean construction and design company agreeing to stump up 20 per cent of the costs, the miner is expected to say tomorrow."

If that is true then that is good news, even if PDY retains 1-5% of the final construction who cares...

I imagine if a south korean construction company is going to guarantee $1bn then we would be giving them a share in the port as well...