FDL flinders diamonds limited

buy on weakness, page-39

  1. 17,232 Posts.
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    warnie,

    Firstly, the coy said it would be renamed to Flinders Mining - doesn't this mean it will not split?

    Secondly, by June there should be enough drilling and results back to double or triple FDL sp, therefore the oppies will not be far behind - probably find they will trade at a premium by then.

    As long as drilling results confirm (and then continue to confirm) the resource.

    IMO, of course.


    Hi JD

    flinders mining will be the holding company
    Flinders iron ....for the iron ore
    Flinders diamonds.....for the diamonds

    Second poart to your question...I do agree however I dont think we will see enough drill results by June to push to SP along.....it may do but that would be risky.

    I think more like Oct/Nov for any decent results....and yes when I was speaking to Aberfan I was trying to play the SP down as much as possible...to limit his/her risk.....but as you say the Sp could be 18-20c plus by then....yes it could be.



 
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