FDL flinders diamonds limited

may not go down

  1. 1,207 Posts.
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    The direction the share price heads in depends on the purpose of the capital raising. If it's to fund a larger drilling program targeting a larger resource then that's a positive. If it's just too have some extra cash in the bank then that's a short term negative. If a notable shareholder comes on board that'll also be a positive.

    Hopefully there will be some information on when drilling is to start. That'll defintely be a positive.
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