midofo, apparently sarcasm is the lowest form of wit. If things...

midofo, apparently sarcasm is the lowest form of wit.

If things are so dire for the IO industry, why then was a MOU signed today for a $7 Billion dollar deal for another IO miner?

It's actually a rhetorical question.

http://www.businessnews.com.au/arti...il&utm_term=0_e5391356e5-3414428c77-288511345

And before the obvious is pointed out, yes;
Anketell is not Oakajee.
Aurizon is not Padbury.

This $7 Billion dollar MOU involves the development of the mine, port, and rail.

The point is a simple one, one that directly relates to PDY:
IO investment is still going ahead, despite any ill-informed posts you may read on the various public forums.

Who funds Oakajee, nobody really cares at the end of the day.

I actually posted this back in April:
http://hotcopper.com.au/threads/for...231828/page-107?post_id=13289903#.VGm48MkXKSk

And funnily enough, which bank is now involved in the Anketell project.
It was obvious ANZ were also sniffing around for large projects to get involved in.


At least people could acknowledge PDY's persistence, rather than just continually bag PDY ad nausea, which anyone in the cheap seats can do.

Bring it on!!!