i can understand why people are being optimistic about FDL.Not...

i can understand why people are being optimistic about FDL.

Not many showed any interest in SDL with about 2 billion shares on issue as well.

But the only thing that I see is the map of FMG's iron ore deposit at serenity.

It like a spider streching its tentacles all over the place.

From my viewpoint some of those tentacles enter FDL territory.

That is all I am interested in.

I could not care less about anything else.

I just read the Financial Review.

Iron Ore spot price is at $218 a tonne.

therefore if Fdl prove some of that 300mt then value is at about 65 billion.

Not too shabby for such a minnow.

regards..