FDL flinders diamonds limited

io to be fast track with capital raising, page-7

  1. 1,135 Posts.
    ...to fast track the project driling and the resouces is bigger than they previously stated.

    Allan, great that you spoke to management. The only problem I have with the 'responce' is how would they know the resource is bigger than they previously stated?

    1. They don't have a resource. Only a target.

    2. They don't commence drilling till May so how would they know yet?

    3. If they do know it's a lot more than previously announced without any drilling why bother drilling?

    4. Presumably they 'believe' (as we do) that it's bigger than Ben Hur, which is great but something worries me about a company that won't inform the market officially but will tell special secrets to anyone off the street. No offence.

    JC
 
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