FEX 2.50% 30.8¢ fenix resources ltd

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    Mount Gibson have released their quarterly this morning , does give us a little bit of guidance as to what we can expect in ours ..

    Average price for " 62% Fe fines delivered to northern China was US$167 per dry metric tonne"

    ..."Australian-dollar revenue also reflected the A$/US$ exchange rate, with the A$ averaging US$0.773 in the March quarter"
    ...."Panamax shipping freight rates (averaging around US$14 per tonne shipped in the quarter, up from US$10 per tonne in the prior quarter".
 
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