FEX 0.00% 43.5¢ fenix resources ltd

Ann: Acquisition of Mid-West Iron Ore and Port Assets, page-13

  1. 4,532 Posts.
    lightbulb Created with Sketch. 685
    I would hazard to guess that this is a Luke warm response to a growth announcement. If their LOM is extended for another 10 -15 years and Dividends are maintained then this should be trading closer to 50c if not higher.
 
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