stocks, page-3

Robert don’t know your financial circumstances lost 40% can you afford to loose the rest. How much have you spread b/w each and what is your trading policy. I hold FMG & FDL. Do you hold options in FDL or shares? At what price did you get into FDL? I.e. are you in the money or carrying a loss.

IMO FMG will make it and deliver on time. Has cost them in dollars to achieve as railway was a real problem to them. If you go back to early interviews with Andrew Forrest he always talked about the possibility of creating new company with infrastructure assets.

Infrastructure is everything plenty of iron ore out there in various qualities. It is the cost or lack of infrastructure to get it to market that is the killer. Beauty of FDL if it proves up resources. It lives next door to FMG who will run a railway line through their tenement.
Interesting to see latest update by FMG has nominated two transport hubs. See map today’s update. Large number of independents out there that need rail e.g., BRM etc. Some estimates are 25 dollars a share if they can do 200 mill tones per yr. Other analysts say 7 dollars a share to much. Will China hold up? Large number of risks. FDL substantial involvement. It is very positive even without diamonds but a lot of shares on issue and they have big drilling program in short time frame if they want the share price up so majority of option holder convert to shares. If you are following FDL thread read Warnies posts.