Barnes... there is quite as much chance (probably greater) of...

Barnes... there is quite as much chance (probably greater) of you losing fifty grand as there is you making 180k. Consider FDL... sure it has a huge amount of potential based upon nearology and the belief FMG's deposit will continue into its tenement. Nevertheless, there is a chance that it doesn't, or that it does but at low grades, low depth, minimal width, high impurites etc... the list goes on. The fact is FDL's target is a conceptual one. Simple. It is also seriously overpriced compared to other iron ore hopefulls who are far more advanced in defining resources (e.g. TLM) with far better management. I don't mean to bag FDL but just to offer some perspective.

So could you make 180k... slight chance.
Could you lose fifty as well... greater than slight given your current investment picks in which case you will NEED 230k.

Thats a free piece of realistic advice.