FEX 7.27% 25.5¢ fenix resources ltd

Ann: Fenix extends Iron Ore Hedging Cover, page-38

  1. 1,056 Posts.
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    yes but fex has $86mil cash and more cash added this quarter. IO at $130usd is still bringing in $$$. market back next quarter. it's mc is so low compared to amount of cash held. grr was cash backed when it was at 50 cents and then massive rerate
 
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