FXR 0.00% 0.2¢ fox resources limited

PloughYou claim "lack of profits" is hurting.Can you elaborate...

  1. 118 Posts.
    Plough

    You claim "lack of profits" is hurting.
    Can you elaborate more on this issue, i.e. you got
    OPERATIONAL indication for this?

    From my understanding Radio Hill used to be one of
    the lowest cost producers when Titan had been operating it with the same contractor. Fox just started
    production..
    The ore body has got quiet good features i.e. i do
    expect relatively low mining costs, also quiet rich
    valuable by credits (cobolt, pd).

    What Whundoo is concerned well i do think it makes
    sense to consider a fast tracking here in light of the
    copper cycle. As for exploration news, here i agree i
    would have loved to hear more but still i believe
    the chances of resource upgrades and an extension
    of mine life is excellent and i waiting for some good news
    within a short period of time.

    Most smaller nickel producers are experiencing a
    mute performence recently, so i see Fox performence
    more in this context, moreover the capital increase
    is depressing/holding off the stockprice (for now..)

    It appears to me that SG converted all their options to take part in the SPP with them, this also gives me confidence that operationally everything is on track, however i would appreciate it it if you could elaborate your concerns with corresonding knowledge more in detail.

    take care
 
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