FEX 4.94% 38.5¢ fenix resources ltd

capital raising, page-11

  1. 7,119 Posts.
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    The $$ from CMIC is starting to smell funny and there have been cases of other Chinese JV partners (in deals with other companies) not coughing up the money.

    Could this be a case of "promise" but no delivery?

    Timeline is dragging on and share price is drifting down IMHO this is not good and could be back around 50c before too long.
 
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