FDL flinders diamonds limited

Don't understand you post.FDL are JV with FMG on the joint...

  1. 3,648 Posts.
    Don't understand you post.

    FDL are JV with FMG on the joint tenements - thuis is where 1% royalty on up to 8m tines/pa. Tenement 47/882 is 100% owned by FDL and therefore is worth aqnytininh they can get for it.

    Hence the sp of FDL and why it is probably worth in excess of $5 a share (at $10/ton profit) and 600m shares.
 
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