FDL flinders diamonds limited

confessions of a trader ..., page-16

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    Phew !!
    What a couple of days.
    Joy.
    Fear.
    Traded .. ummmm well gulp millions but not to many mills.
    Still hold average 0.6c above close ($0.085) with 100,000's left.
    I am coming back a brokeress ... although maybe NO!!
    We are both pant less exhausted.
    Me $thousands less, still have a house.
    I am so dilly.
    Brokeress $hundreds richer.
    Now what type of stock is this, what do they do ?.
    Now I am only joking, I know FLD are going to go and look for some iron near FMG sometime soon so then FDL will become interesting.

    Some kind soul wrote this for me this morning.
    Thanks whoever it was, I will hold to prove you are right.
    Cackle haaa. I HOLD !

    { I like numbers so here we go.............390,000,000 million tonnes in the ground @ 100 per tonne = 39 billion dollars resource.........less some costs for digging it up and shipping it off..........twiggy has found its cheap to dig up, its like top soil........
    so gross income 39 billion divided by 1 billion shareholders = $39.00 per share less costs say 50% gives us a price around hmmmmm $19.50
    that is what fmg should pay for the takeover..........what do you think ???
    or maybe a small discount }


 
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