FEX 2.78% 37.0¢ fenix resources ltd

FEX Valuation, page-675

  1. 3,546 Posts.
    lightbulb Created with Sketch. 1488
    I think your assumption of the boats not being full due to the transport is wrong .... it’s got to do with tides and swell, there maybe some improvement after the port dredging completes next month.

    The dividend isn’t paid out to this qtr, qtr 2, so cash will still appear in the qtr 1 accounts.

    There was always plenty of port capacity with the other users to fulfil FEX production targets.
 
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