FXR 0.00% 0.2¢ fox resources limited

bertram, page-9

  1. 1,781 Posts.
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    Yep Bikie - low ball offers...

    Jinchuan - they have a big say in how things are run now at board level.

    Not even for 1 micro second are they concerned about "shareholder wealth".

    In fact they will most likely force FXR to mine a marginal deposit (marginal on the basis of known grade as at today), simply so that they can recoup there 10% equity stake via a return based solely of the value of nickel concentrate produced, rather than how much profit there is in mining that nickel.

    DYOR, but the Spotted Quail seems to have wings and the guy who owns it knows it!!

 
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Currently unlisted public company.

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