FEX 2.63% 39.0¢ fenix resources ltd

Yes for sure Jenkstar,l included hedging adjustment in my last...

  1. 1,003 Posts.
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    Yes for sure Jenkstar,l included hedging adjustment in my last line,
    so thanks for that.
    Ok.l think our last hedge was at $aud175.00 wmt vs current I.O.price $aud208.00 wmt ,so deduct ($aus33.00 downside adjustment) ,so on my figures our margin is $aud99.00 wmt x approx 350,000 wmt being for Dec 23 quarterly shipment,give or take,with approx $aud59 million cash on hand,as at Sept 23.DYOR.
 
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