FEX 2.63% 39.0¢ fenix resources ltd

FEX Valuation, page-231

  1. 12,614 Posts.
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    MC $159m now

    Cash $69m end of June

    July estimate (conservative) $15m

    Current cash in the bank end of July (estimate) $84m

    Add Aug and Sept $20m (conservative)

    End of Sept Qtr $104m in the bank (conservative)

    WHAT A CASH COW

    Hedging in place to weather IO price volatility = SMART Management imo

    China love to play games!!!
 
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