beerzy,
im not saying that they dont have any iron in the ground, just that it will be a hell of a long time before that "target" is JORCed.
They dont even have the drills yet. And to get to a target of 300mt will take a hell of a lot of drilling.
In 6 months time the might have a 50mt jorced but even then that is pushing it.
What i am saying is that there are co's in the same area with multiple projects that are a hell of a lot cheaper than FDL at the moment
FDL
flinders diamonds limited
just bought back in , page-8
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