Who knows. A good educated guess, after listening to the AGM about Fox is a nickel producer and that is what they are going to pursue. I think them doing a non management side for a JV with AON is on the cards. Or sell it to Cape Lambert (CFE)and keep a royalty and 20% as did the person who put the half of Mt Oscar into AON. FXR can do the same with CFE.
But I think them getting out of the Fe is a given after listening to the board at the AGM. Streeter is a Nickel man. I wonder what they will do with Elizabeth hill. They have a 50 man camp there for contractors so they need it.
FXR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held