Freeport-McMoRan (FCX)

[eddy2]

Contract is up for renewal. It looks to me if the Indonesian goverment gets a 50% vote in addition to the royalty debt owed them that they will get the machinery contract.

Besides the United States operation that is still in the political process of approval things look difficult.

There is a new office in the drawings that could be awarded. They will need to raise much more capital and they seem to be much on there way looking at the numbers.