FXR 0.00% 0.2¢ fox resources limited

re: watch this one for pedrof

  1. 228 Posts.
    Ped,I'm thinking the exploration dollars may start to be spent at a much faster rate now that they have something that once defined will make the nickel and copper deposits look like spare change.If they have decided to keep spending the drilling dollars as they need them in the short term, they'd spend their nickel and copper cashflow pretty quickly and that might affect mine operating costs negativelyWhat they did was fair for shareholders and good for everyone. Streeter has done this many times with WSA and earlier on with FXR. Its when they attach free oppies for these money providers that the punters can get worked. FXR used to do that under the former management.
 
watchlist Created with Sketch. Add FXR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.