FDL flinders diamonds limited

8 mill tonnes, page-5

  1. jdvictoria
    3,648 Posts.
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    22/11/07
    23:33
    Post #: 3035957
    Don't understand you post.

    FDL are JV with FMG on the joint tenements - thuis is where 1% royalty on up to 8m tines/pa. Tenement 47/882 is 100% owned by FDL and therefore is worth aqnytininh they can get for it.

    Hence the sp of FDL and why it is probably worth in excess of $5 a share (at $10/ton profit) and 600m shares.
    FDL Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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