FEX 1.92% 26.5¢ fenix resources ltd

Hedge result for May, 50kt hedged @ au$170.25 p/t. ave IO price...

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    Hedge result for May, 50kt hedged @ au$170.25 p/t.
    ave IO price us$117.47 * 1.50 = a$176.21 p/t.
    a$176.21 - a$170.25 = a$5.96.
    50,000 * a$5.96 = a$298,000 loss.
 
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