Guys , no diamonds at Daniels will see shares at 15~20c . Reason , this co has burnt a huge amount of cash elephant hunting. Flinders has not proved up , the company has not yet admitted that formally for reasons unknown. Also the Directors recognised the 50/50 chance of company sucess when they failed to pay up for their full entitlement of TAWO.
Its a huge punt , top side $5 or so imho best case scenario , (5 bagger) vs '10 tanker' on a 50/50 call.
You do the math.
Good luck to the faithful , this is not a downramp , i have no position , just know a bit about risk.
SALTY
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