FXR 0.00% 0.2¢ fox resources limited

mineweb article, page-2

  1. 594 Posts.
    Also note that I told you guys last week that this was all going to happen.

    * elizabeth hill will be sold off
    * the iron ore discovery will be sold off (once drilled and resource reserves established)
    * all copper and zinc deposits will go with the Elizabeth Hill site.
    * De beers tenemants will be explored but only nickel rights will be retained
    * Significant exploration to saturate discoveries within a 50km radius of Radio Hill
    * Maintain mine life of Radio Hill unti at least 2015.
    * By cashing in on some assets they will maitain a cash positive position with the aim to have the company worth between 2-3 dollars within the next three years.

    This is the only way FOX Resources can survive into the future and give shareholders some glimmer of hope of returning a posite outcome in their investment.

    Thankyou

    Unclefox
 
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.