FDL flinders diamonds limited

iron ore news .. flinders next, page-10

  1. 460 Posts.
    I agree with warnie's post recently

    "Quote"

    "I am using this price range below as my kind of guide as to where the SP may go over the next 10 months.....And trying to be conservative as well as honest in my views......

    here goes....

    8-9c more days than not until late Jan/early Feb
    9c-10c a coupla days between January and early Feb
    10c-13c between early feb and mid march
    13c-16c between late march and Mid May
    16c-19c between mid may and August
    19c-24c between august and October
    24c-??c October onwards


    Mines Dept work program....Jan
    Aboriginal heritage surverys....Jan/Feb
    Resource target Definition.....Feb/March
    Infastructure setup.......March/April/May

    Drlling phases.....
    Phase 1- resource outline....May/June
    Phase 2...........July/August
    Phase 3.......September October

    Resource estimate.....October/November

    And im sure a coupla surprises along the way."

    "Unquote"

    We have surprise number 1 !!

    Makes sense IMHO

    Cheers

    D

    DYOR


 
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