FDL flinders diamonds limited

fortesque seeks 1b to expand

  1. sigmadelta
    10,295 Posts.
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    13/12/07
    17:13
    Post #: 3157817
    Perhaps this is the reason for today's rise.

    Dec. 13 (Bloomberg) -- Fortescue Metals Group Ltd., aiming to become Australia's third biggest iron ore producer, is seeking at least $1 billion in loans from Chinese banks to fund expansion, said two bankers involved in the talks...

    http://www.bloomberg.com/apps/news?pid=20601081&sid=ayAupLHuRDyE&refer=australia
    FDL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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