Flinders are totally funded for the drilling phase of the project +10 mill in cash, credible management and geologists....
...doubt the potential of the Pilbara and Flinders tenements at your peril...
patience...first drilling assays will be better than we expect..IMO.
The Chinese industrialisation is a 30 year gig.... not a 1 or 2 year recession...ask Sinosteel.... and the project finance guys puring billions into the resource sector... this baby is the next Fortescue.... in a nervous sharemarket I'd be doubling up in IO..and Oil...
Think 30 year NPV of future cashflows on a very exceptional JORC'ed resource we all hope and expect next to Solomon...and areas A to D to follow....and the Kimberlite pipes Kev will uncover ..one day soon.
In 2 months all will be clearer...and if you snooze...you lose...
Go the Wallabies (even though a Kiwi coach..)
Melb cup tent anyone?
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potential up and downs, page-16
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