Icered,regarding your analysis of my strategy, you hit the nail...

Icered,regarding your analysis of my strategy, you hit the nail on the head when you said that I must be ultra confident that FDL will deliver. You are absolutely right, based on my research, I am. My target, based on what I have read, is >25 cents (how much greater is any body's guess) by option expiry (end Sept) based on Phase 1 (Resource outline) drilling results. Phase 1 is expected to be completed by end of Q2 and I expect results will be released before end of Q3. This is why I wanted to double the amount of shares I control using leverage.
And yes I am confident the drilling results will be good from an analysis of the Maps. The FMG Hamersley West E47/1306 inferred resource next door to the FDL Hamersley E47/882 resource target cannot possibly stop dead at the tennement boundary.
Also the kicker here is that between now and option expiry they could make a commercial diamond discovery as well.