RTA FMG FMS PDY

I've been in and out of FMS since eartly 2008 when they were...

  1. Wazza3006
    6,170 Posts.
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    07/01/15
    20:08
    Post #: 14550774
    I've been in and out of FMS since eartly 2008 when they were Flinders Diamonds [ASX-FDL]. I've always turned a profit off the SP movement. Just bought back in recently. As far as I know, they still have a farm-in aggrement with FMG. Royalties from FMG for IO and ALL diamonds from FMG go to FMS. I think they are a well managed company and the RTA deal is visionary.

    Wads
    FMG Price at posting: $2.74 Sentiment: None Disclosure: Not Held
    PDY Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
    RTA Price at posting: 19.5¢ Sentiment: Buy Disclosure: Not Held
    FMS Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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