FEX 1.59% 32.0¢ fenix resources ltd

Yes but during the last cycle when IO dropped and , due to...

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    Yes but during the last cycle when IO dropped and , due to pollution concerns , IO with a FE above 62 did attract a premium on top of the quoted price . IO bellow 62 attracted a penalty which caused FMG to fall to under $5.00 a share ( i think ) . We have a FE of 64 so any drop in IO shouldnt be as severe for us
 
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