FDL flinders diamonds limited

is fdl overpriced, page-8

  1. andrewe
    5,233 Posts.
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    06/03/08
    07:47
    Post #: 3433831
    drinkenmoney
    if i am not mistaken, and its not specifically stated, but BRMs 1 bill/t is predominatly magnetite.
    They have about 50 mill/t of Haematitie and the rest is a low grade ore that needs benefication. I believe this is a costly process.
    this is not a downramp of BRM as i tried to buy at $1.66 yesterday (missed by 2c with no one else at 1.67 hehehehe).


    cheers
    FDL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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