FEX 0.00% 24.5¢ fenix resources ltd

Next dividend?, page-23

  1. 4,881 Posts.
    lightbulb Created with Sketch. 745
    If we get $0.17 this full year, many holders here will be laughing all the way to the bank.
    For me that will be 96% of my capital outlay returned in a year and a half (without franking credit added) from dividends alone.

    Like you say very achieveable especially coming into high demand season with iron ore and china.
    The brazil slowdown in production is helping our blend of ore.
    64% lumps must be more than 65% fines?

    Dont forget they were refining our product to extract more value last quarter,as they were ahead with the stock piled ore.

    Rooks
 
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