FEX 3.51% 27.5¢ fenix resources ltd

Ann: Trading Halt , page-22

  1. 9,111 Posts.
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    Well done Bukka and JT on this,

    Great result for EMG to pick up possible JV early with deep pockets especially needed for mag deposits. CMIC interest confirms the possible size and production opportunities available to EMG.

    Also something to look forward to;

    From 9th of June update,

    “The understanding of the deposit has improved dramatically with this drilling and we are looking
    forward to reporting a preliminary resource figure soon and expanding on that as quickly as
    possible,” Mr Hemming said.

    Break of 65c would be bullish but TA is difficult given volume.

 
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