FEX 1.16% 42.5¢ fenix resources ltd

Ann: Acquisition of High Grade DSO Hematite Iron Project, page-22

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    One can only assume there will be new management brought in to oversee and direct such a project. I would suggest people will be employed as specialists in this area, as we get closer I am sure this will be announced. I am optimistic as I have been involved for several years, seeing the cross of Yang out at 1.5c then a consolidation / new code / and an ore project this a chance for all to make some money on a new early-stage story. As I have mentioned before going on a project of this calibre shows there is sustainability in mind - a project of LIT or COB or anything of sentiment could have been done but instead going with an unloved non-exciting story to pump all over the place shows there is method to madness and I'm sure time will determine this. I am a big believer in early investments in the right stories.
 
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