FEX 6.41% 41.5¢ fenix resources ltd

FEX Valuation, page-714

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    Here is a simple estimate on how much profit is generated by the company with the current conditions

    50Kt (45%)/month hedged at $230

    ~60kt (55%) at the current IOP of US$120

    AU$1= US$0.73

    total production cost of $140/t

    The above mentioned figures give an ~AU$18mln /quarter profit.


 
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