Its good to see someone actually evaluating a company rather than bullsh*ting like a lot do... I guess it would be fair to say that the difference in price (being .018 and 0.012) is due to the general market confidence this is one may be seen as a "risky" one to some... However, as we have seen the maths don't lie and if you look at the current position of Flinders being its JV partners and current tenements in SA it must at least be worth 0.018. This company has been at much higher prices than 0.012 and the way things are shaping up with the purchase of the new equipment and that the company's management are staying true to diamond exploration only realistically things are only going to improve. If anyone intends to label this as "ramping" i suggest you first try to disprove what i have said... I would be interested in any thoughts on this.
DYOR
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FDL
flinders diamonds limited
lets do the maths on fdl , page-4
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Simon Kidston, Non--Executive Director
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