SinoSteel subsidiary Sino-MidWest are making some key personnel redundent in Perth at the end of the month since they've depeleted their stockpiles, and no one can make money out of grinding waste to extract magnetite... except for valiant Padbury and their new "the Chinese" investors.
All the more reason to be presenting at AusIMM Iron Ore 2015, I reckon. I'm sure the organisers would make room for a last minute inclusion of PDY's key mining and infrastructure projects. Come on Gary and Terry - get up on stage and let us ask you a few questions.
PDY Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held