FEX fenix resources ltd

They had a negative cash flow for the month. How does that...

  1. 4,786 Posts.
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    They had a negative cash flow for the month. How does that happen when their C1 costa and Freight costs are $102/tonne and they sold 352kt product at an average of $177/t.

    Why didn’t they log $23m in inflows. I understand that they had tax and the $10 m to pay. But it just means their cash balance would stay static for the quarter. They did mentioned a $8.6m accrual item as well but still doesn’t add up.
 
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(20min delay)
Last
29.0¢
Change
0.005(1.75%)
Mkt cap ! $214.9M
Open High Low Value Volume
28.5¢ 29.0¢ 28.0¢ $155.2K 543.2K

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No. Vol. Price($)
4 968389 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 395988 11
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Last trade - 16.10pm 16/07/2025 (20 minute delay) ?
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