ctindale,
Possibly down the track.
However, it will not happen anytime soon.
No one is going T/O FDL until minimum, they have some drill results for a starter. Rockchips aren't worth much these days.
The second point. Considering K.Wills has already stated that they will be seperating the company into two, Diamonds and Iron-ore, it is highly likely they will Spin Out the Iron-Ore through an IPO Float.
If thats the case, FDL shareholders will get an opportunity to buy into the new IPO Float.
That will take months.
I would say down the track after drill results and new ASX listing, then it could possibly be a T/O or J/V.
If it is true that the Chinese approached Wills just after the announcement, it would have been a J/V in some form.
So all in all, i say fat chance.
Cheers markco2
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