FEX fenix resources ltd

Ann: Half Yearly Report and Accounts, page-3

  1. 4,768 Posts.
    lightbulb Created with Sketch. 776
    So they made $10M for the last half. Average price of $101/t vs current price over $120. Plus they shipped 1 less ship.

    If the price stays at these levels then you would presume the second half we make approx $40m. And a total for year of $50M.

    It will all come down to the price of iron ore.
 
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