Fox Resources should be announcing that due to significant falls in copper and nickel all production will cease until further notice.
They are going backwards if they continue production. The only reason they would stay in production is to ensure that all employees keep their jobs. This of course is at the shareholders' expense.
This company rips off shareholders with the ridiculous remunerations of key employees. Take a look at the Annual Report......it's a joke! This company should lay off workers, executives and non-executives and concentrate on preserving shareholders funds.
They don't care about shareholders........put yourself in their position. Whats more important, their families or you?
I honestly feel for you shareholders.
Good luck
FXR Price at posting:
14.6¢ Sentiment: Sell Disclosure: Not Held