FXR 0.00% 0.2¢ fox resources limited

announcement out, page-2

  1. 404 Posts.
    Yes DMA , even the loyal long-term holders are peeved & perplexed .I think the company has given up with the PR , now it's just reports the progress which is formidable .For what is a very difficult company to understand they are in a eviable position .Fully funded due to the options exercise .Multiple deposits ready to go , consolidation & expansion of Radio Hill .And a second plant propossed to raise processing to 850.000 TPA - or there-abouts .Also a strong exploration active programme .Strong cash flow with fixed contacts to Chinese smelters who are funding their mine developments & plant refurbishment .Ripe for the Chinese tying up this one I would have thought .By way of declaration , i hold a very small quantity at these levels because I think the price has been dramatically oversold & is plain stupid at these levels
 
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Currently unlisted public company.

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