FDL flinders diamonds limited

bought options too high, page-3

  1. 1,270 Posts.
    Ouch.

    Be patient - FDL is undervalued at 9.3 IMO given the upside and news to come. Suffering from the liquidity fall out as the punters need their cash.

    I'm topping up the heads. As the camp and drill rigs gets set up and the rock chip samples flow and geologists talk to their mates who get set in the stock I believe this is the last time to get in at sub 10.

    Twiggy's news to flow as FMG and his infrastructure (going right past FDL) will rerate FDL.

    Patience is required for a few weeks yet....

    Nothing has changed for FDL - the are cashed up, don't need credit, have the drilling programme and magnetic surveys coming...

    Top up IMO
 
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