Couldn't agree more CUB. Profit down-grades, doing this, doing that, not doing anything really!!!
Great so they're shipping 500+t of copper/zinc etc once every 2 months. Only woth a couple of mil or whatever!!! We need more shipments, more ore, more nickel.
They have two operating mines now - one at Sholl, and one at Elizabeth Hill (which we have actually heard nothing about - so don't think they are using). Note with EH they publisized that all the way up the pooper, and then nothing since then. That cost a pretty penny!!
Still going to hold as I know that once they get moving on some of these things, it will be worth a fair bit more.
But till then my anticipations for the next year are as follows: 1. Focus to change to Iron Ore - possibly with a demerger of Iron Ore assets into a new entity - note think the Chinese will want more of those shares. 2. Either take over or merger with another company (someone like Legend - with similar tennemants). 3. Share price to either be $2 (lots of good news) or 50c - no further news (back on retrace)!
FXR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held