morning all.
with all that cash, is it possible for FEX to make pellets? What’s the break even quantity? I think I read about 2mtpa somewhere. We’re around 1.3, with maybe more if JV hits well.
the premium for pellets would further insulate us against the IO price falling a long way in the future.
just a thought, maybe impractical.
cheers,
ned.
FEX Valuation, page-13
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Last
28.0¢ |
Change
0.020(7.69%) |
Mkt cap ! $199.9M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 28.0¢ | 26.5¢ | $802.7K | 2.954M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 85658 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 196803 | 11 |
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| Last trade - 14.07pm 30/08/2024 (20 minute delay) ? |
| FEX (ASX) Chart |