the quarterly announced a lot of previous news but of interest to my mind was the massive drilling announced.....20,000m, i.e., 20 kilometres of drilling over 250 drill holes, that is pretty impressive and will give us a very good tonnage to work on.
hmmmmm, 20,000 m ! that's pretty extensive by anyone's standards.
the exposed iron channel is reported as being 8m which is also a pretty impressive indicator.
$14.2 m in cash
Dr Russell's tonnage report expected soon and the area in tenement 882 looks larger than I recall. this is the extension in the south east of 882 from the fmg resource.
the inclusion of the 20 km of drilling for iron ore in the pilbara will draw interest from the presentation kev is doing tomorrow (wed).
and 250 holes.....that could be worth a couple of cents to the share price.
FDL
flinders diamonds limited
