With an iron ore price at $82/tonne, and market in oversupply, and no sensible quantities of high grade in the Midwest to sell the chances of Oakagee getting off the ground are zero. The Chinese would have been there for a free feed and a night out. I note Padbury were a Gold Sponsor of the event - no shortage of shareholder funds for the jollies of a good '50s knees-up and bun-fight.
Good to see Gary is staying strong and keeping positive.
PDY Price at posting:
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