FEX 0.00% 37.0¢ fenix resources ltd

Ann: Acquisition of Mid-West Iron Ore and Port Assets, page-35

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    One other thing I've just remembered about the webinar, is that JW said that 1 of the sheds (I think 1 of the bigger ones) had been agreed with the port that it would be reserved for other materials (ie. not IO), which indicates even more, that JW wants to focus the business on haulage and operating as a bulk commodity hauler. I work in logistics and the margins are tight, certainly less than mining hence I'm not sure this is the right pivot for the business but since JW has taken charge, the focus has certainly been more on the haulage side than the mining side.
 
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