FEX 2.60% 39.5¢ fenix resources ltd

good idea , but who would be your counterpartydifficult to see a...

  1. 1,662 Posts.
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    good idea , but who would be your counterparty

    difficult to see a mill agreeing to a high price for a long period to handicap their production.

    generally larger buyer buy a stake as a natural hedge. Think posco with Roy hill , ansteel with karara ( now 100% was 50%) and various Pilbara producers
 
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3 69556 39.0¢
 

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Price($) Vol. No.
39.5¢ 38158 3
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