FEX 3.92% 24.5¢ fenix resources ltd

Price of Iron Ore, page-1174

  1. 1,200 Posts.
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    To Lonewolf....the divi will be announced at end of Fy so Sept. Last year it was paid from memory in the first week of Oct. Lots of water to go under the bridge, but Io prices are holding above $200 AUD/t, plus premiums and plus hedging, so with 6 shipments this Q, we are on track for a healthy FY and divi. It shouldn't be too difficult to work out the net profit when the 4th Q report comes out in July, then a reasonable guess for divi size would be half this....just as a guidance.
 
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