FEX 1.89% 27.0¢ fenix resources ltd

$32m Capex spend for the 2 mines, it appears they will need lots...

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  1. 1,671 Posts.
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    $32m Capex spend for the 2 mines, it appears they will need lots more drivers, I think the number was 100 and will be increasing the truck fleet from 30 to 70 via Volvo leased fiance (if I heard correctly).

    I asked a late question about the impact of lower IO prices on the shine decision but they didn't get around to it.

    my feelings about a dividend might be correct, I doubt it will be significant. They also mentioned MGX major holding and administration of twin peaks.

    Will look for the replay and post if I find it but won't be for a couple of days as Danika was under the weather.

    I took the opportunity to offload some.

    DYOR
    Last edited by MuppetPastor: 29/07/24
 
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27.0¢
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Mkt cap ! $194.5M
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27.0¢ 27.8¢ 26.5¢ $481.2K 1.764M

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9 1008877 26.5¢
 

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Price($) Vol. No.
27.0¢ 239848 3
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