FEX 1.85% 26.5¢ fenix resources ltd

Thanks guys appreciate the feedback - you're right I missed the...

  1. 45 Posts.
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    Thanks guys appreciate the feedback - you're right I missed the tax impact as Feasibility study is pre-tax. Have now revised the calc to build in the tax impact (for simplicity have assumed 30% @Corporate tax rate). Still gets decent upside.

    I might look to build a DCF model in the coming weeks - I have a feeling that the 1 + year discounting impact @10% is significant. Anyone have any ideas on a price premium attached to a 64% FE grade vs 62%?

    Cheers,
    L
    https://hotcopper.com.au/data/attachments/2749/2749176-bc1d5a8427abd807787ed92f1d8b8bd4.jpg

 
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