FEX 0.00% 28.0¢ fenix resources ltd

Ann: Quarterly Activities Report, page-54

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  1. 8,227 Posts.
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    Depends tho. If they have an off-take deal then that overrides their ability until they can increase production or until the contract stipulates.

    Selling on the futures market is when you are a very big company, and you can produce /explore / start a mine without any finance. Because you are now at the mercy of market pricing.
 
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