FEX 2.50% 39.0¢ fenix resources ltd

Mining News Select Conference, page-6

  1. 2,513 Posts.
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    FEX pays 10M $40 wmt at the gate.
    FEX retains $60p/t from sales for haulage,port and marketing costs
    FEX receives 30% of the profit from sales.
    In reply to a question at the time, the Chairman said there was a healthy margin in the $60 p/t for logistics.
 
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