FEX will pay SMC $10 mill when the mining approval is granted plus the cost of developing W11.
1om will be given a $5 mill loan to start mining Twin Peaks.
And extra road trains will be needed at approx $1mill each.
So while I think both look like good earners, next year will see development costs.
FEX ASX Is CEO Fenix Resources John Wellborn the Oakajee Port Master?, page-7
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $215.3M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 31.0¢ | $99.73K | 321.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 46493 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 713893 | 19 |
View Market Depth
| Last trade - 10.28am 16/05/2024 (20 minute delay) ? |
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Last
31.0¢ |
Change
0.000 ( 1.64 %) |
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| Open | High | Low | Volume | ||
| 31.0¢ | 31.0¢ | 31.0¢ | 89387 | ||
| Last updated 11.02am 16/05/2024 ? | |||||
| FEX (ASX) Chart |