FEX 1.15% 43.0¢ fenix resources ltd

Ann: Change of Director's Interest Notice, page-15

  1. 1,060 Posts.
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    Wouldn't say no to a special dividend. Getting good value from exploration is pretty hard, unless it leads to short term production increase. Doubt we will get a whole lot of shareholder value from increased mine life in 4 years time, when it's anyone guess what the IO price will do (most likely revert to long term average). Rather than funding exploration, I wouldn't mind if we're were going for an acquisition of a project, or a partnership with a producer who needs funds for an expansion.
 
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