FEX fenix resources ltd

Research Coverage Initiated - MST Access, page-18

  1. 2,636 Posts.
    lightbulb Created with Sketch. 218
    I welcome the question e350. I like the prospects of the company, it makes good money and provides share holders with returns through dividends, however the removal of the previous managing director who started the iron ridge mine is not lauded. Without the timely manner in which he started that mine during the COVID IO price surge, we would not be in the position we're in. Don't get me wrong, I'm pro growth but when you buy assets, you need to use them to their greatest potential. I'm eluding to the rail sidings, they are often mentioned but they are not being utilised. Perhaps they purchased these assets with only shine & port in mind. If so then now would be the best time to get them into production. The scorpion tenements are also sitting there. Surely there is documentation (ie drilling, geological mapping, geophysics) which could be analysed via a desktop contract. If not then sell them off to someone. The SP is purely driven by the IO price at the moment and I would like it to reflect the growth potential of the plan but the market doesn't seem to value that at the moment.

    AIMO
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
28.0¢
Change
0.000(0.00%)
Mkt cap ! $207.5M
Open High Low Value Volume
28.5¢ 28.5¢ 28.0¢ $33.29K 116.9K

Buyers (Bids)

No. Vol. Price($)
26 838153 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 263350 6
View Market Depth
Last trade - 14.19pm 15/07/2025 (20 minute delay) ?
FEX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.