What makes you think pdy has any funds in the kitty to make any...

What makes you think pdy has any funds in the kitty to make any sort of offer they have been trying to raise funds since december 2014. Next announcement due on a sunday sort of says it all glta

Padbury Mining Ltd (ASX: PDY) (Company) refer to the request to ASX on 19 December 2014 for a suspension of its securities and to the Company's subsequent suspension update announcement on 22 December 2014 and 2 January 2015. The Company is still finalising the proposed capital raising with the relevant investors. Subject to the finalisation of the proposed capital raising the Company will remain in voluntary suspension. It is anticipated an announcement updating the market will be made on or before 19 January 2015. The Company is not aware of any reason why its securities should not remain in suspension.

Padbury Mining Limited (ASX: PDY) advises that the Company is still finalising the proposed capital raising with the relevant investors. Subject to the finalisation of the proposed capital raising the Company will remain in suspension. It is anticipated an announcement updating the market will be made on or before 6 February 2015

Padbury Mining Limited (ASX: PDY) advises that the Company is still finalising the further proposed capital raising with the relevant investors. Subject to the finalisation of the proposed capital raising the Company will remain in suspension. It is anticipated an announcement updating the market will be made on or before 18 February 2015.

Padbury Mining Limited (ASXDY) advises that the settlement date for the acquisition of the Yogi Mine Project from Ferrowest Limited (“Ferrowest”) has been deferred until on or before 31 March 2015. Ferrowest has agreed to the new settlement date and under the terms of the extension Padbury will today pay a further $20,000 off the sale price (leaving $710,000 payable at settlement). In the event that settlement is not achieved on or before 31 March 2015, the $20,000 paid today is non-refundable. Padbury is still finalising its proposed capital raising with Chinese investors.

Padbury Mining Limited (ASX: PDY) advises that the Company is still finalising the further proposed capital raising with the relevant investors. Subject to the finalisation of the proposed capital raising the Company will remain in suspension. It is anticipated an announcement updating the market will be made on or before 31 March 2015.

Padbury Mining Limited (ASX: PDY) advises that the Company is still finalising the further proposed capital raising with the relevant investors. Subject to the finalisation of the proposed capital raising the Company will remain in suspension. It is anticipated an announcement updating the market will be made on or before 13 April 2015.

Padbury Mining Limited (ASX: PDY) advises that the Company is still finalising the further proposed capital raising with the relevant investors. Subject to the finalisation of the proposed capital raising the Company will remain in suspension. It is anticipated an announcement updating the market will be made on or before 31 May 2015.