12c open tomorrow, page-15

Hi Risktrader and others.

I've been in FDL off & on for most this year.

The resource estimates are conservative. It is more than likely that on drilling they will be higher for JORC. Time will tell.

As others noted iron ore is worth between $100 and $150 ton. Estimated grade of FDL area is around the $100 value

Conservative estimates put the value 40 to 60 billion $

About $20 for ever shares and oppy FDL have.

Using an in ground value of 1% would give a share price of 20cents.

Some have called foul on the information process to date or how many shares directors own etc.

I don't really care. If the iron is there and I'm
in so what?


Just my oppinion


cheers

cb25