FEX 1.82% 28.0¢ fenix resources ltd

Ann: Iron Ridge reaches steady-state production, page-14

  1. 455 Posts.
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    Retail probably have been soaking up "capper" volumes recently. Need a few "big boys" to take a position to teach a capper a lesson. Given this news I hope it will spark some interest for other big boys.

    100Kt of Iron Ore per month = $170 (give or take) x AUD x 100000 = $22M AUD cash per month. In five month will earn revenue of market cap.
 
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