FEX 0.00% 31.5¢ fenix resources ltd

Ann: Advances Discussions with Potential Indian J, page-6

  1. 7,115 Posts.
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    re: Ann: Advances Discussions with Potential ... Let's be fair. Yes this is an exercise in arm waving at this stage, but surely it's better to be informed of the trip than not. Would we rather sit here for another month or two with no news?

    Secondly, how do we know the Indian group/s have not already been to Beyondie and appraised the project? The met testing was obviously done to facilitate some sort of negotiations, this trip could in fact be the tail-end of a process. Alternatively it could be the beginning - the fact is none of us know as they have had confidentiality agreements in place for some time.

    The simple fact for holders is that corporate action of some sort is our only hope now, so management are at least trying to sniff out what they can.
 
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