FXR fox resources limited

something is definately wrong, page-5

  1. 383 Posts.
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    We all know what happened with the sp.
    They had a major short fall in copper production due to really bad recoveries through the mill.
    They realised to late they had spent too much money.
    They raised money to plug the hole at $1.25.
    Consequently we all got burnt.
    But the simple fact is, that they are now back in Nickel, which is what the plant was built for. It is now upgraded to 45tph. They have 2.5 years of mine reserves. They are back into F zone as an exploration play to build a larger resource of hopefully an additional year.
    This is a major turn around by the mining and milling crews. I think some heads must have rolled.
 
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