FEX 1.56% 32.5¢ fenix resources ltd

The issue will be enforcing it should the iron ore price drop....

  1. 170 Posts.
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    The issue will be enforcing it should the iron ore price drop. Dont know too many companies that have succeeded in taking action against a Chinese company for any type of hedge. If the price drops, the Chinese simply dont follow the hedging agreement.
 
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