FEX 4.35% 33.0¢ fenix resources ltd

The shutdown is another ploy the Chinese are playing, they’ve...

  1. 718 Posts.
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    The shutdown is another ploy the Chinese are playing, they’ve already tried many over the last 6 months with no success.
    im hoping the real problem causing this may get some attention soon, that they’ve blocked higher quality Aussie coal and using any crappy coal they can get their hands on, but the spin will keep on coming.
    Our higher quality ore is a big bonus for FEX moving forward, and a big derisking quality that’s not getting enough attention imo.
    When/if IO spot prices drop, ore above 62% will still get a better premium as steel producers look to drop carbon emissions. In approx. 12 months we will be mining the part of the ore body that is 65%+, everything here is very solid for at least two years imo
 
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33.0¢
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34.5¢ 34.5¢ 33.0¢ $174.5K 517.0K

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Last trade - 16.10pm 11/06/2024 (20 minute delay) ?
Last
33.0¢
  Change
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