this is reason to take a stand, page-6

Warnie I think option 2 "sell as a project and walk away" is a disticnct possibility. I think diamonds are still the main game for FDL, and suspect that they may sell off the IO whilst keeping the diamond rights. If this occurs I tend to think that rather than having to invest most of the money quickly, they will do a capital redistribution to shareholders of about 30c per share and be well cashed up to find and excavate the source of Pilbara diamonds, as well as other areas. In this scenario the sp would obvioulsy plummet, but would be more than offset be the redistribution, thus keeping most holders happy.