FEX fenix resources ltd

Ann: Quarterly Activities Report, page-2

  1. 4,797 Posts.
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    They had a negative cash flow for the month. How does that happen when their C1 costa and Freight costs are $102/tonne and they sold 352kt product at an average of $177/t.

    Why didn’t they log $23m in inflows. I understand that they had tax and the $10 m to pay. But it just means their cash balance would stay static for the quarter. They did mentioned a $8.6m accrual item as well but still doesn’t add up.
 
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Last
32.0¢
Change
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Mkt cap ! $237.1M
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30.5¢ 32.0¢ 30.5¢ $575.7K 1.851M

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6 424119 31.0¢
 

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Price($) Vol. No.
32.0¢ 144024 7
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