MLX 6.38% 50.0¢ metals x limited

jinchuan deal must be good

  1. 5,233 Posts.
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    This is what happened to FXR after they got into bed with Jinchuan. in Dec 06 they hit $1.93
    29/3/06 FXR share price 39c
    Fox Resources entered into a binding offtake agreement with Jinchuan Group Limited for all copper concentrate sales from the West Whundo Copper-Zinc Project. Fox has also entered into a financing agreement with Jinchuan, who have agreed to provide $4m as a prepayment for sales from West Whundo.Fox Resources entered into a binding offtake agreement with Jinchuan Group Limited for all copper concentrate sales from the West Whundo Copper-Zinc Project. Fox has also entered into a financing agreement with Jinchuan, who have agreed to provide $4m as a prepayment for sales from West Whundo.
 
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47.5¢ 50.3¢ 47.5¢ $1.275M 2.580M

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