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PDY, PADBURY MINING LIMITED
10fingers
post Posted: Jul 31 2015, 05:24 PM
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Approval




https://content.markitcdn.com/research.comm...jpudWxsfQ==.pdf






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10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
 
obdc
post Posted: Sep 17 2014, 09:25 PM
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The Chinese delegates that appeared to be guests of PDY at the recent WA Mining Club Annual Gala Ball have now been seen frequenting the Board room of the PDY office in West Perth.

They must really enjoy the WA climate, perhaps the food, or maybe, just maybe, they are here for business.

 
obdc
post Posted: Sep 8 2014, 07:20 AM
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Chinese delegates present at the Mining Club Gala Ball -

For those of us that were privileged enough to be at the Mining Club Gala Ball on Saturday night at the Hyatt, you would have noticed that PDY had a table of 10. Included in this table of 10 were 4 representatives of PDY (Mr Terry Quinn and Mr Gary Stokes of course) but also 6 visitors from China.

Now, if my calculations are correct, these Chinese delegates are showing a great deal of interest in the Oakajee Port & Rail Project (OP&RP). If they weren't, why would they be there sitting at the same table as PDY management?

One would also assume that this would be visit # 3. This does not pass as a casual interest IMHO.

What's next:

1. Funding agreement by the Chinese delegates (after all it is in their interest to see the OP&RP get off the ground.)
2. Another visit to the State Government by PDY management. (One would assume that Mr Barnett would offer his full support. This is his baby and he wants to see this happen. He also appears to favour Chinese involvement. To date, the Government has not been able to fund the project. Having external funding would get the wheels in motion.)
3. Government approval.
4. PDY has the IP for the OP&RP - this would expedite the whole project.
5. Beneficial to the mines in the area / employment.

I know there will be some skeptics and some negative responses to this, and perhaps understandably so. However, I think we would all like to see this get off the ground. Having the Chinese delegation show so much interest can only be an extremely positive thing.

And yes, I am holding a substantial parcel of shares and have done for some time.



 
flower
post Posted: May 4 2014, 07:19 PM
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In Reply To: hungry's post @ May 4 2014, 08:52 AM

QUOTE
A typical example of "buy the rumour, sell the fact" in a major way.

Hi Hungry, the Fundamentals ----correctly interpreted--- would have prevented any buy--IMHO



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Combining Fundamental comments with Fundamental charts.
 
hungry
post Posted: May 4 2014, 08:52 AM
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If they don't remove management, the investigation will be a farce.

As much as they were sucked in, I do feel sorry for those who bought into it.

A typical example of "buy the rumour, sell the fact" in a major way.

http://www.theaustralian.com.au/business/m...f-1226903116564#




 
wren
post Posted: May 3 2014, 07:09 PM
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In Reply To: henrietta's post @ May 2 2014, 08:16 PM

For a bit of light reading,google info on the folk involved with this outfit.

 

Featured Stock Stories





henrietta
post Posted: May 2 2014, 08:16 PM
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In Reply To: flower's post @ May 2 2014, 06:19 PM

Yes, I agree, but the way the original announcement was made was scandalous. I do hope there's some accountability required by ASIC.

Cheers
J



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"Sometimes I sits and thinks, and sometimes I just sits." Satchel Paige

"No road is long with good company." Traditional
 
flower
post Posted: May 2 2014, 06:19 PM
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In Reply To: henrietta's post @ May 2 2014, 04:50 PM

QUOTE
What a shambles !

Difficult to believe anybody in their right mind fell for the overall pitch to the point they actually invested in it.



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Combining Fundamental comments with Fundamental charts.
 
henrietta
post Posted: May 2 2014, 04:50 PM
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What a shambles !

QUOTE
Padbury shares resumed trading on Friday and immediately slumped.

They closed at 0.5 cents, down 2.8 cents, or 84.9 per cent.

When the company announced on April 11 it had secured the funding for Oakajee, its shares gained 1.3 cents, or 65 per cent.

Share market operator ASX has issued the company with a long list of queries about the funding deal, and how it was announced to the market.

In response, the company said it will bring in a law firm to review its corporate governance policies and ASX disclosure processes, and conduct a training program for its staff.

This work would begin in coming days and was due to be completed within three months, Padbury said

Mmmmmmm ....... sure !!!!

Cheers
J



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"Sometimes I sits and thinks, and sometimes I just sits." Satchel Paige

"No road is long with good company." Traditional
 
10fingers
post Posted: Mar 14 2011, 06:23 PM
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Worth picking up some more pdy

Two OPR projects given EPA approval
    <LI class="byline first ">Russell Quinn, Business Reporter <LI class="source ">From: PerthNow
  • March 14, 2011 12:40PM


The State's Environmental Protection Authority has provisionally approved two major Oakajee Port and Rail projects provided that certain conditions are implemented.

The first project involves constructing and operating iron ore handling and storage facilities, and ancillary infrastructure, required to develop a 45 million tonne per annum iron ore export facility at Oakajee, 24km north of Geraldton.

The second is a 570km railway and associated rail infrastructure from Oakajee to the Jack Hills mining operations located 500 km to the north-east.

EPA chairman Paul Vogel said the proposals can be managed to meet the EPA’s objectives provided that the recommended conditions are implemented.

Dr Vogel said the environmental impact from the terrestrial port will be offset by the purchase of land parcels for conservation, and funding of research projects into threatened fauna.

Start of sidebar. Skip to end of sidebar.

<H3 class=heading>Related Coverage</H3>End of sidebar. Return to start of sidebar.

“Based on OPR’s modelling, and the high energy marine environment at Oakajee, discharges from the Oakajee desalination plant are unlikely to have a significant impact on water quality,” Dr Vogel said.

He also said modelling for dust emissions indicated the likelihood of impacts outside the established Oakajee Industrial Estate was low, and could be regulated through the licensing provisions of the Environmental Protection Act with best practice management measures required to be adopted before approval to operate is granted.

“The final rail alignment and associated infrastructure will be located within a Rail corridor, with each section of the final alignment to include maps of locations of key conservation assets to be submitted prior to construction to demonstrate that impacts are no greater than those committed to by OPR,” he said.

“The construction and operation of the railway must ensure that surface water diversion, erosion and sedimentation do not cause the loss of, or adverse impacts to, significant vegetation beyond 50 metres either side of the railway centreline.

Dr Vogel said that apart from two constrained areas there was to be no ground disturbance within 50 metres of Western Spiny-tailed Skink habitat or Malleefowl mounds with all construction areas to be inspected prior to disturbance.

“There is also to be a plan formulated to protect the conservation values of the proposed Woolgorong, Twin Peaks and Narloo Conservation Parks from the ongoing impacts of the proposal,” he said.

“Offsets have also been agreed for impacts on Carnaby’s Cockatoo, Malleefowl and Western Spiny-tailed Skink’s habitats, poorly represented native vegetation in the agricultural area and native vegetation in proposed conservation reserves.

“This approach will provide long term environmental benefits through the protection and management of high quality remnant native vegetation in the region.”

He also said the operation of the rail was not to exceed specific noise criteria at nearby dwellings.

“Both of these proposals demonstrated the value of impact assessment: high quality environmental information from the proponent and a shared understanding of project and assessment timeframes,” he said.






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10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
 
 


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