Hi
You do realise they have already allocated 250k in their annual report towards drilling and have 5 mill in cash, as well as own about $3-$4 mill in shares in other companies.
They are drilling for ironore not uranium.
The costs are really not that high, 20-30 holes will be enough, not like 200 for uranium.
$1 mill would be enough.
Wont need cap raising until well after drilling, more likely for production, which wont happen without a big player anyway.
Just my thoughts
FDL
flinders diamonds limited
