FEX 2.60% 39.5¢ fenix resources ltd

What should FEX do with all their cash, page-67

  1. 721 Posts.
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    I’m sure FEX has a long term plan. But they are off the ground running and mining very high quality in demand Iron Ore and expanding there exploring and expanding there operations at a very good and reasonable rate at the perfect time .

    With the Scorpion Minerals JV and the tenement aligning with Fenix Resources Iron ridge I’m sure within the exact same geographical location the geology will be very similar if not better than what FEX is already mining don’t be surprised if FEX absorbs SCR in the near future FEX has great cash flow SCR doesn’t!. ‘From little things big things grow’ This share has a very strong future and a great experienced management team. I’m holding and topping up again. Have a great evening.
 
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