I firmly believe based on my research, communication with the company and my broker that there will in excess of the previously quoted amounts of iron ore. The company and those close to the business are extremely confident of this going forward. Just remember that they have had approches (im not sure if this was publicised) from a number of entities to form a JV at Harmsley, including FMG and many other smaller mining coys. Its not rocket science we are onto something substantial here. No one is having my shares below 40c.
FDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held