Pre-funding of and off-take agreement. This is the news we have been waiting for! Now could WSA be involved in this? Possibly Jinchuan? OR Mr East providing possible funding to justify why he was brought in to buy at 8c?
Very exciting times ahead, i had a feeling this would happen before the AGM meeting i posted ealier. We will see alot of depth in the 'buy' for fxr. No matter what we will have a positive announcement, how good it is depends on how much depth will be created. I can see a very fruitful future for all those long term share holders who have been through a few years of pain. New management has been the key turning point in fox. We have the resources, we have the mine, we have the infrastructure, personnel, experience and the only thing missing is the funding/off take. The absolute best possibly outcome would be Jinchuan to be involved, fingers crossed.
The fox will run again.
FXR Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held