FDL flinders diamonds limited

this is looking rather interesting..., page-44

  1. 15,276 Posts.
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    fishoMC...

    Yes was aware, but FDL more attractive to me for a market re-rating on the back of theirs, especialy with near-term drilling...which, given their technically important trading ranges of late, is attractive to me.

    I can see FDL heading to the mid 20's...I cannot see POL heading to over $1.20 in the same time frame.

    FDL is just a two month or so trade for me.

    Also..."just up the road" in POL's case is a little different to "continuation of same orebody" as is the case with FDL.

    Greter chance FDL's ore has similar properties, no blending issues, reduced "delivery" costs due to proximity, etc.

    Cheers!
 
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Currently unlisted public company.

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