options and market cap comparing fdl and gda

There has been some discussion on howmany options and shares are available to the market.
The 3B's from 7th dec, 4th dec and todays info on the fully subscribed rights, including the conversion of options for 46m new shares means,as far as I ca work out there are now about...

562m gda
23.99m gdaoa
27.82m gdaob
118m gdaoc

The market cap figure for today at 22m ( comsec )has not been calculated on the total 562 m shares as there is still a 3B notice to come for the balance of the rights issue, nor does it appear to be calculated on the 480m which is in the notice on the 3rd jan 08, it looks like the market cap in comsec data hasn't been adjusted to keep up with the 3B notice. At a finish today for GDA of 5.5c times 480m shares gives a market cap of $26.4m today.
Not bad from a market cap last week of $5.625m.
when the completed rights are added shortly the total should be about 562 m gda shares , times 5.5c = market cap of $30.91m.
I think the significance of the growth in market cap has been missed by many . The market has fully absorbed the extra 105m gda shares and the extra 52m gdaoc. An amazing performance to have a stock go up in price and market cap, at the same time as an increase in the number of securities.
The resilience of gda is outstanding......days in a row,
the dow down,the asx down, more shares on the market, all off set and of a lower weighting than the upside of the increasing knowledge of GDA's many tenements, the new wallal downs iron ore tenement, the gold and iron announcements to come this month and the bonus share issue and free attaching options.....
For GDA to be on a par for comparison purposes with Flinders, the GDA share price (FDL has roughly twice the number of shares ) has an open path towards a 3 fold increase from today's closing price (5.5c), GDA still has huge upside to even get close to half of the market cap of Flinders which is at about $130m when I had a look today. GDA at say 10c, is still only halfway through a move to a similar market cap as flinders.
Does GDA have half? a third,90%, twice or what, of Fdl's market valuation of tenements and announcements and upside?
FDL has the 882 tenement which I believe to be as or more than estimated ( between 300m t and 390m t of iron-ore). I compare the two because I have researched them both extensively and own shares in both. I see Flinders moving towards a sp of 20 c in the near future. GDA is emerging as has fdl but GDA currently has more upside with the wallal iron project, which is also in the Pilbara and also a complete mystery but a potentially very large Fe deposit for GDA to pass FDL's market cap.
Tomatch FDL at 20c, GDA needs to move to about 40c. This is hypotheticaland the market willvalue how close to Flinders Gondwana should be not me.
GDA also has the pending news which has huge potential upside for the sp as well as 4 tenements in the pilbara between fmg's cloudbreak mine, fdl's mulga downs tenement and marble bar. I haven't found out enough about these four tenements yet. I have not yet commenced reserach on GDA's Moodong Well uranium project( there is a news release 29 May 07, with maps and project details of other target minerals like copper). One obvious question is which of the many uknown tenements have not had initial assesment for potential iron-ore testing and why not or when will they be tested?
cheers Fatstocks.