Pretty harsh I reckon. Nothing in what FBX said is a breach of the listing rules. Companies regularly give indicative timelines for news.
I would argue there is quite a difference in saying what activities are being worked on but not the results of those activities. If they said to FBX ‘we have additional staff reviewing the capex numbers and metallurgy’, and not that ‘the capex is $xx million and the recovery is xx%’.
EAR Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
