FEX 3.70% 26.0¢ fenix resources ltd

Ann: Fenix Enters 12-Month Hedging Arrangements, page-34

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  1. 4,454 Posts.
    lightbulb Created with Sketch. 477
    "...a fixed price that is sufficient to cover the majority, if not the entirety, of our budgeted cost base".
    By deduction, we can estimate that the budgeted cost base is around 104 $/t, which is in line with the last cash cost they indicated.
 
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27.0¢ 27.0¢ 26.0¢ $341.2K 1.287M

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20 2127650 26.0¢
 

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26.5¢ 43654 3
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