FEX 1.82% 27.0¢ fenix resources ltd

Ann: Quarterly Cashflow Report, page-41

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  1. 726 Posts.
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    I think it was stated, just poorly communicated. The price adjustment of 13USD/t takes us back up to high 90's realised price. FOB was high but that's wages and diesel. Freight high but coming down. Iron ore up. Cash and cash equivilents 55m, hedge at 33m. SO on current MC that's 22m for a company that previously profited 10m a month off 5 moinths operation in 20-21FY. we can get back there, management need to communicate better and make sure the question function works.
 
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