FXR 0.00% 0.2¢ fox resources limited

half year report out, page-3

  1. 1,852 Posts.
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    This is embarassing.

    Millions have been spent on exploration and now it seems clear that f*ck all has been found and that there is no other way out other than selling it to Jinchuan.

    Time to turn the processing plant off and save some money.

    $37,000,000 in accumulated losses means the only people earning a return are employees - not the shareholders i.e owners of this company.



 
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Currently unlisted public company.

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