FXR 0.00% 0.2¢ fox resources limited

Yeah cash is going to be an issue here.I agree re the...

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  1. 886 Posts.
    Yeah cash is going to be an issue here.

    I agree re the tennemants, and also someone elses comments previously that they have alot of resources spread everywhere. While that can be a good thing, I think for Fox it isn't!

    Too many fingers in too many pies I feel! They need to JV a few of their non-core projects (being Ni, Copper, Zinc), and hopefully get a 'cash payment' for doing so.

    JV out the gold and Iron Ore, and use the money they get from that (if any) and production of concentrates, to further explore their massive tennemants that they have access to thanks to De Beers.
 
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