Ann: Change of Director's Interest Notice, page-10

I'm thinking more like FEX $1.00+ in the next 6 to 12 months. FEX is highly undervalued with only a current MKT CAP of $176 Million especially for the premium quality of the Iron Ore resource it produces and the current all time high in Iron Prices. No director would bother only buying 30,000 shares if they didn't think FEX wouldn't reach $1.00+ it just wouldn't be worth their while. Commonsense would also tell you he would definitely know something especially being a director of FEX that something huge is on the horizon.

Not to sound arrogant, but Like I was saying what is 30,000 shares to a director ? especially when paying at a current premium of $.395 its a huge sign of confidence and also a huge sign of massive things to come in the future. This FEX rocket hasn't even taken off yet!

FEX $2.00+ SP club is imminent in the future ill be enjoying this ride for the next couple of years I know that much! If you look at the graph below I would say FEX is definitely heading in the right direction and that is an extremely healthy looking trajectory especially in the last 6months . Keep in mind also FEX has only just commenced mining and the company is already cash positive so they have money to keep expanding and buying up very highly prospective iron ore tenements around them.