FEX 1.64% 31.0¢ fenix resources ltd

Ann: Fenix Board Appointment, page-215

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    Mal,
    Mr Poshman has identified that the FN deal WAS beneficial. His point, among a few others, was that it is potentially EPS dilutive. That is yet to be proved and we can look at the full year accounts and see. He also pointed out that the NPAT benefit per ton was a lot less than the C1 cash cost benefit per ton ($3 v $10).
    J9
 
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