FWP - I beleive they liked the Product that Fox would have (and I guess still will - but I'll beleive that when I see it) produced as it was a concentrate with low impurities. Alot of Nickel/Copper they would get had higher impurities but for some reason the Whundo et al ore was lower, and they like that. That's just from memory.
And yes they have been buying in over a long period. More recently I think they bought alot at 75c. Taken a bit of a hit in valuation I think (understatement).
FXR Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held