-
Share
30/05/08
10:23
Share
I should add - I reckon there will be a spin-off or something of the Iron Ore portion into a new company - maybe "Foxy Iron Ore" LOL!
They will want to get the maximum value out of this that they can, while still keeping their cores of copper/nickel production.
Expect the Chinese to be want on board any spin-off.
If they don't then they will need alot of capital to fund the exploration/development.
This could potentially be a company maker. But maybe lets wait and see for the drill results!
Shifted to a ST buy for me at the moment though. $1.20 possible!
-