FEX 1.75% 28.0¢ fenix resources ltd

The $125-130 price is not coming for us soon...Let's spell it...

  1. 2,206 Posts.
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    The $125-130 price is not coming for us soon...Let's spell it out for the umpteenth time. Hedge on 50 000tpm 62% fines is $A230 CFR for 12 months from Oct1. Rest of production is exposed to spot price but wait there's more....the rest of the production is higher grade lump which gets 2 x premiums that being grade and lump. Got it yet?

 
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