FEX 2.08% 36.8¢ fenix resources ltd

Price of Iron Ore, page-580

  1. 3,718 Posts.
    lightbulb Created with Sketch. 1100
    who cares? what part of hedged don't people understand? break even is guaranteed and any production above cost goes straight to bottom line.

    by the time the hedge runs out, our cash balance will be higher than our mkt cap.

    so - is that "news" relevant?

 
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