Are they still buying these 2 tenements??? After all they paid a $10,000 non-refundable fee didn't they ???
"Padbury Mining Limited (Padbury) is pleased to announce that it has signed an option agreement to acquire Radar Iron Ltd’s (Radar) Johnson Range and Die Hardy projects located in the Central Yilgarn. The two project areas have JORC Resources as can be seen in the attached announcements made by Radar to the ASX:
1. 8th May 2012 “Maiden Hematite JORC Resource for Muldoon Prospect”
2. 16th November 2011 “Maiden 353Mt Magnetite JORC Resource for Die Hardy”
The total payment for the two tenement groups is $500,000 if the option is exercised following completion of due diligence – due to be completed by 23 February 2015. A non-refundable option fee of $10,000 was paid at the time of signing."
PDY Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held