FEX 1.85% 26.5¢ fenix resources ltd

I feel like while the iron ore price sits under 105 USD tonner...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 467 Posts.
    lightbulb Created with Sketch. 190
    I feel like while the iron ore price sits under 105 USD tonner FEX should prioritise those 3rd party iron ore loads. Why throw away high quality FE at marginal profit when the mine only has about 4 years left? I would prefer they slowed down production or did more pre stripping to remove the waste material. ore should be held at Iron ridge
    and stored for a little while until they can get a price over 105 USD per tonne.






 
watchlist Created with Sketch. Add FEX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.