FXR 0.00% 0.2¢ fox resources limited

Ann: Fox Bolsters Exploration Campaign In Pilbara, page-2

  1. 887 Posts.
    re: Ann: Fox Bolsters Exploration Campaign In... Now this is what really annoys me. They get $8m in their pocket, and what do they want to do? Increase production expenditure!

    What about using the $8m to get the heap leaching operation going? And THEN use the cash-flow from that to cover your exploration expenditure?

    From that announcement it looks like what I feared. Money pissed up against the wall by digging a few holes in the ground.

    Maybe they should focus on one thing at a time. They've been almost doomed by spreading their focus around previously!
 
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