FXR HHI

re: Ann: ICX: International Coal & Fox Resour... Bravo to FXR...

  1. lenovo
    1,250 Posts.
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    04/03/14
    11:15
    Post #: 13079180
    re: Ann: ICX: International Coal & Fox Resour... Bravo to FXR this seems like a very good strategy.

    I suspect that FXR will get a re-rate when it puts out its new resource.

    ICX has a MC of ~ $12m and FXR has a MC of $5m ATM.

    Lets hope FXR finds a good chunk of JORC resource and we could be seeing 2c soon?
    FXR Price at posting: 0.8¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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