FEX 2.60% 39.5¢ fenix resources ltd

Scary to think that at $1 they still only have a market cap of...

  1. 269 Posts.
    Scary to think that at $1 they still only have a market cap of approx. $40 million.... probably soon to secure $200 million funding from CMIC and if they prove up the 5 Billion tonne deposit at Beyondie over time, based on Cape Lambert's recent sale to the Chinese nearby... and even factoring in conservatism for distance from the coast, grades, etc.... their deposit would be worth approx. $1 Billion. Yes, that's right... market cap still only about $40 million. Plenty of upside from here and most people still don't even know about it yet...
 
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