FEX 2.78% 37.0¢ fenix resources ltd

FEX Valuation, page-452

  1. 4,838 Posts.
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    Good Morning Irynka,


    Yes, i now the numbers are hard to calculate, there are way too many variables to get it spot on, fuel currency and price let alone anything else, that's always why i say its a rough guide.

    I do like the buffer you use of 5-10% each side of the estimate, this will help keep people honest, lol

    For the production its ok you can use the 1,200,000 t per year if you like to set a base, i have gone higher as i'm certain that they are above this amount, i'm going to have another look today.

    For the price per month paid so to speak, i do a rough average of the month price, its too time consuming to do every price per day then average this, same goes for conversion for foreign exchange.

    And finally no one is going to get this spot on re numbers, for me i don't include lump premium price, i know this counts and am happy with that, but i take it as cream on top, i do this because i'm hoping to achieve a number that is in the ball park.

    I hope this post doesn't offend you, its not my intention and i do like the contributions every body brings to the table here at FEX, there are some great posters here on both sides of the fence and i'm hoping that is stays that way.

    Have a good day,

    Rooks
 
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