FEX 1.89% 27.0¢ fenix resources ltd

next boat, page-1004

  1. 188 Posts.
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    This 59,000 T shipment at today’s IO price of US$216 for 62% grade. Add another US $30/ tonne for 64% high grade lump. If half the ship is high grade lump like previous ships. With today’s exchange rate US$ x 1.32. Even a worse case shipped cost of AU$130 per tonne including royalties. This ship will bank AU $10m before before tax. Ka- Ching $$$
    Plus FEX is pocketing half the profit each month of Fenix Newhaul
 
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27.0¢ 27.8¢ 26.5¢ $481.2K 1.764M

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9 1008877 26.5¢
 

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