If you read there last ann theya re doing magnetic surveys.
You're in a speculative explorer....thats the idea...the probability they have a resourse....why the sp is so cheap at the mo....we are gambling they have something....and the Pilbara is full of IO... If you want a risk free return go into fixed interest....its all about potential upside....M&A...FMG leverage.
Time will tell..yet if she slides in the absence of a substantial shareholder ann in the next few weeks I'll be topping up...
Patience....
How much more upside does FMG have.....not much based on current valuations...FDL has a shot.....and we're betting on Kevin (30 years experience) and his team being able to get to the next level...
Good luck
FDL
flinders diamonds limited
work out what fdl might be worth, page-16
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