FEX 0.00% 31.5¢ fenix resources ltd

Price of Iron Ore, page-1663

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    March hedge 50kt @ au$170.25 p/t.
    Average IO price us$112.54 * 1.52 = au$171.06 p/t.
    = 50kt * au$0.19 = au$9,500 win.
 
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