FEX 0.00% 31.5¢ fenix resources ltd

Seems fairly expensivePaying about $35m for 50% of it. Sounds...

  1. 3,843 Posts.
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    Seems fairly expensive
    Paying about $35m for 50% of it. Sounds like a ~3 year payback which isn't too bad at all but no mention of company finanicials, assets... etc.
    When are those trucks gonna need major work done too?

    Old mate getting 90m shares would be laughing though, with FEX approximately 66% cash backed, he's already up an extra ~$15m in cash on those shares alone.
    Last edited by HairyRichard: 21/06/22
 
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