FEX 1.85% 26.5¢ fenix resources ltd

Ann: Potential for High Grade Direct Reduction Ir, page-15

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. 7,140 Posts.
    lightbulb Created with Sketch. 849
    re: Ann: Potential for High Grade Direct Redu... I believe infill drilling is currently underway and I think the potential for a resource upgrade is one the cards... But I don't think Mr Market really cares about the resource at this stage.

    I think Mr Market wants to see the funding agreement with CMIC approved by FIRB and the $$ for development to actually hit the balance sheet.

    I would imagine this is still 4-8 weeks away but I'm only guessing.

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