FEX 3.57% 29.0¢ fenix resources ltd

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

  1. 425 Posts.
    lightbulb Created with Sketch. 174
    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
(20min delay)
Last
29.0¢
Change
0.010(3.57%)
Mkt cap ! $201.4M
Open High Low Value Volume
28.0¢ 29.0¢ 28.0¢ $139.0K 488.3K

Buyers (Bids)

No. Vol. Price($)
4 243669 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 320181 15
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
28.8¢
  Change
0.010 ( 1.77 %)
Open High Low Volume
28.3¢ 28.8¢ 28.0¢ 152817
Last updated 15.58pm 03/05/2024 ?
FEX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.