FEX 0.00% 34.5¢ fenix resources ltd

Thanks ForrestYes I get your point in regards to GRR, although...

  1. 1,459 Posts.
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    Thanks Forrest

    Yes I get your point in regards to GRR, although it doesn't seem to hurt there bottom line, but obviously might impact how they use their cash, still very cheap IMO.

    Fully agree FEX has been performing above expectation. I do think LOM has an impact but if the management is as capable as they appear to be at this stage I have confidence they will be able to extend their current mining activities (in this claim or the adjacent claim they just got IO mining right for) and/or find other profitable ways to use the incoming cash.


 
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