Thanks Markco2,
I appreciate posting your figures and trying to try down numbers to so kind of prediction. Thanks for having a go.
I'm finding it hard to tie down.
For me CFE is easy, w/o considering all the extra land they have not incl in the deal & exactly what they do after sale, I think it might be correct
to say $400m/281m shares gives some very rough guide, which the market might differ greatly on anyway ....
IMO only
sorry if any mistakes here ... my best try and new to all this.
BUT to work out FDL, I can't get a handle on how much it will cost to..
A. Make a plant to refine the ore
(And this is prob a really stupid question but is it all magnitite or a mix ?)
B. Cost of Transport and port cost ?
C. Cost of production per tonne ?
OR risk of bigger player buying it and doing ABC and the sp being limited to some lower number.
It seems important because if I guessed that there was say 390mt@56% => 220mt@100% and said $1 per tn in the ground, which seems similar to CFE value and
there is say 1 bill shares, then 220/1000 = $.22 sp. so that to get real value out of FDL I need to hold on till production ? Do these guestimates seem
correct ? Does anyone have some rough guess for A,B & C ? and maybe a D if I have left out a significant cost ?
as always pls DYOR these estimates from a newbie :)
FDL
flinders diamonds limited
