FEX 1.56% 32.5¢ fenix resources ltd

Thanks Pilch. I think they need to reduce the cost by more than...

  1. 319 Posts.
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    Thanks Pilch. I think they need to reduce the cost by more than $10 a tonne. They'd struggle to break even if the price recedes back to treasury's estimates. At least they have that hedging contract to soften the fall a bit, I guess.
 
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