Spot on, TraderSam.
I guess the reason why they have to delay is because they don't have money.
Their cash posotion is always a worry.
I will be very happy if they can sell the Mt.Oscar to the Chinese with a free carry 5%.
Even without Mt.Oscar, if they can deliver Ni, Copper and Zinc in a commercial way, FXR is still a $1.50/share company.
They have very good land holdings in a stragegic area, but they just could not turn that into profit.
Anyway, chairman's buy in is always a positive thing. I hope another suite of good news (they are very good at doing these sort of things) is not far away.
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