FDL floated about a year ago and made this announcement this morning. The options FDLO last traded at 2c and expire Feb 05. I think the exercise price is 20c. The shares have moved up to 9c today and they floated at 20c.
Sydney - Wednesday - May 18: (RWE) - Flinders Diamonds has made a significant diamond discovery at its Boolcunda Basin targets in SA. The company said today the discovery of a diamond and associated pyrope garnets from the drilling of Boolcunda suggested the likelihood of a nearby diamondiferous kimberlite.
FDL Price at posting:
0.0¢ Sentiment: None Disclosure: Held