FDL flinders diamonds limited

looks like we done our doe, page-3

  1. 13,667 Posts.
    lightbulb Created with Sketch. 1290
    I think the lesson here is be careful when the traders get hold of a stock. Especially if your not super experienced with trading. For sure they probably have the deposit on their license. Thing is a lot of shares have the stuff on their licenses. You have to drill it out first and then get it JORC compliant. This is when the valuation of the company will move into fair value. IMO FDL got a fair bit overheated in relation to their market cap. They need to start drilling the deposit out first and then you might start to see some better action with the SP.
 
watchlist Created with Sketch. Add FDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.