FEX 2.78% 37.0¢ fenix resources ltd

next boat, page-523

  1. 535 Posts.
    lightbulb Created with Sketch. 30
    maybe you guys can help me thrash out the theory.

    the overall value of the io in the ground is say between 50-150million per year for the next 6years. so total 300-900mil LOM.

    this is signed off for offtake 50% to sino steel and 50% to atlas holdings to market to whomever say 'x'.

    I think either sino or atlas/'x' would be smart to buy whole project now for 150-200m.

    sino has next door tenements as well don't they but not as high grade?
 
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