FEX 1.82% 28.0¢ fenix resources ltd

Ann: Quarterly Activities Report, page-99

  1. 1,562 Posts.
    lightbulb Created with Sketch. 295
    Still getting to the 30 million share bit.
    I have had to live with word provisioned in real life, it burnt my cost centre then and its burnt me here too.
    Today's announcement t-boned me too. However,
    Asic and Co won't care one wit. This is why we have quarterlies.
    Don't get me wrong really disappointed with this result but I can't light the torch just yet to burn this infestation out.
    and let's just say they did go all care and maintenance- where would we be then ?
    as to the board and parachuting in peeps etc and those type of shenanigans- only time will tell.
    Me - I can see and appreciate the impact that 3 key things mentioned have had for this quarter.
    I know that 2 of those are way better now, what I don't know is the current strip ratio. 2.5 x expectation is going to hurt if it's medium term or longer issue.
    But I have shares in mld too so that's OK.



 
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