FEX 1.92% 26.5¢ fenix resources ltd

FEX Valuation, page-408

  1. 1,601 Posts.
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    G’day Rampaul
    Yep, VMS report a few days ago said US$54 from tassie. We’re closer so might not be that high, but I’d think it would be well above $30.
    bigger question is IO price. Currently $92, but in a clear downtrend.
    are we on the way to $60, or even $40? Hope not. But we’ll just have to wait & see. global markets getting smashed not helping.
    but at least we have out hedge to see us through the next 12 months. Hopefully IO recovers in that time.
    cheers,
    ned.
 
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