FEX 1.82% 28.0¢ fenix resources ltd

Ann: Trading Halt Request , page-11

  1. 3,890 Posts.
    SW,

    I don' think if the deal falls through they have 'no prospects of development'. That is a bit extreme. There are many options to pursue including other Chinese backers, other mid-west region operators, or other big Australian resource companies.

    The best part of being invested in a company where the directors have a significant financial interest is you can be confident they will pursue value adding options.
 
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