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7.56% 39.8¢ fenix resources ltd

Ann: SCN: Fenix Iron Ore JV Update - Pharos, page-37

  1. Rod_
    718 Posts.
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    28/04/21
    15:45
    Post #: 52786402
    Need to include royalties 7.5% and shipping US$20 per wmt on top of C1 costs, but the company has said they will get 2 boats out a month, so should be ~350k wmt, or ~330k dmt. At this stage figures are pointing towards minimum $40mil ebitda for the quarter, if not higher
    FEX Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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