FDL flinders diamonds limited

held up well, page-13

  1. 1,334 Posts.
    peaceAKKI....

    My comment was a general observation of the current sentiment of the overall market. I don't think it is unreasonable to say that the "swing" toward buying will be toward the low cost spec IO stocks as the price of IO is potentially moving upward as the demand is high currently and into the future mid term.

    I think the first movement will be a consolidation of smaller exploration Companies holding known resouces and then an expansion with infastructure.

    Small IO spec Companies with inferred IO resources near larger Companies, rail, and economical port access are currently experiencing movement in their SP.

    I expect the SP to increase as we move closer to IO contract negotiations with China

    IMO Les
 
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