FEX 3.85% 25.0¢ fenix resources ltd

fex 2021, page-351

  1. 3,047 Posts.
    lightbulb Created with Sketch. 182
    Yep agree even when you think we own 50% of Fenix New Haul which is our largest expense so if that identity make's profit then that 50% profit come's back into our kitty. Would also guess as we become cash flow positive allowing the joint venture to buy more of it's road train fleet on the build up to a full compliment without borrowing money in the future, that side of our business could also grow into more expansion on it's own merrit combined with Feneix New Haul possibly reaching a stage to contract out to other companies,the sky is the possible limit just some thought's the company is doing well i think.
 
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