FEX 2.78% 37.0¢ fenix resources ltd

Ann: Notice of Annual General Meeting/Proxy Form, page-23

  1. 749 Posts.
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    molvernmoe I'm bemused @ what you don't get what JPGuru or I are saying, from the inception of Iron Ridge they ( FEX) set themselves as a niche company doing high grade IO, that's what they good at it, as i said before why would you lower you grade now when the demand from the markets is nothing below 62% is worth digging now, even 62% is just a matter of time when that becomes similar to what's happening to 58%, so again I'm against lowering the grade of IO, if they can't find the grade that we need, than they have ample time for them to invest or take a chunk of Shareholding in lithium, or other in demand resources.
    cheers Lw
 
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