FEX 1.85% 26.5¢ fenix resources ltd

Ann: Quarterly Activities Report, page-104

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  1. 1,084 Posts.
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    I agree.

    One if my question is regarding the hedge/10 days thereafter; why haven’t they simply explained this previously? Why announce such a thing in such a way that was obviously going to be news to many?

    We monitor the price of ore daily, multiple times. When it’s increasing, we’re left with the impression we should be profiting quite well from such increases but moving forward, given this debacle, I don’t feel shareholders can now ever feel assured the company’s progressing or benefiting in the way we’re convinced it should be.
 
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