FXR fox resources limited

re: Ann: Option to acquire Queensland coal a... Cmon Massey,You...

  1. 6,072 Posts.
    re: Ann: Option to acquire Queensland coal a... Cmon Massey,

    You should know by now that the Fox is gone. Finished, caput. There will be dilution when more raising is required. I've been telling you for over 3 years this company has nothing. Yeah sure it might get lucky with coal long term (5-10 years) but you need tens of millions of dollars to prove up a resource, then there is infrastructure challenges and then the hundreds of millions to develop the resource and last but definitely not least, the Fox will need above all access to loads of money to develop. It is way behind the game running last.

    Nothing really going for FXR.
 
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