FDL flinders diamonds limited

diamond and iro ore spin off companies, page-12

  1. 706 Posts.
    who cares about dilution if the pie is getting bigger.

    If there is resource in the ground and you need to get it out with further funds, why not raise more funds?

    If you relate it to your own house, to build an extention, you go to the bank and borrow money. Then you build, then you sell it or sit on the capital gain. Same thing with fund raising.

    If you were raising funds and sqaundering it, then I say dilution, dilution, dilution. In this case, I think it's different. They have the resource and want to exploit it.

    It's a no brainer.
 
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Currently unlisted public company.

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