FXR 0.00% 0.2¢ fox resources limited

Ferdie Iam interested to see how you get a value of $1 share for...

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    Ferdie Iam interested to see how you get a value of $1 share for fe when it has not been drilled.
    To me the real value in fxr is the new ni which is 3 times as rich as what they have been mining but I seem to be on my own here.
    Grateful if you could give me some idea as to how to value the iron.
    Best wishes
 
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