FXR 0.00% 0.2¢ fox resources limited

fox to make huge turnaround

  1. 6,072 Posts.
    Hi Guys,

    Been following this stock since May 2007 and can only say that i am a little disappointed in the current share price however there are a lot of positives in store for those shareholders who may have bought in high.

    The late shipment of nickel and copper to Jinchuan in January this year was the only reason why Fox reported a lossof $3 million. According to my research and calculations and there being no further delays towards end of June, Fox will report a NPAT of approximately $5 million for the year ended 20 June 2008.

    The Mt Oscar Iron Ore Project, if half as exciting as Cape Lambert's project will be a huge bonus for shareholders.

    Be patient shareholders, Rome wasn't built in a day!
 
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Currently unlisted public company.

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