Yes Warnie, I agree. All is panning out as expected at present....

Yes Warnie, I agree. All is panning out as expected at present. The temptation for many is to try and wish the share price higher. IMO it will now form a support above 15 and may spike to 19-20, on technicals alone, before pulling back into the mid-high teens. (IMO this spike could occur with or without results) It took quite a while to form a support above 10. IMO the reason the s.p. is firming is the same reasons that have been on the table all year. It's just that the word is spreading about the FDL story. There is no truth to rumors. There are just facts: Resource target 320-380 mill tonnes etc. Iron ore prices up. Future demand from China. Proximity to FMG infra structure. Etc, etc
As for the disparity in the option price and sp - it will catch up IMO.
FDL is, as it has been all year, a "no brainer"