I'm not sure brokers and hedge fund managers are the most...

I'm not sure brokers and hedge fund managers are the most trustworthy people on the planet, however, in saying that, they do have access to "information" which "retail" do not.

JW addressed a question in an interview about broker coverage but he eluded to the fact that brokers like companies who do capital raisings (as they profit from this) and because FEX are cash backed they may not interested. I don't know whether this is true but it does sound plausible. The interview was via zoom and interviewer was not Australian. Anyway, it is listed somewhere in the threads so if you had some free time it might be worth listening to his point of view.

Anyway, the investor page has info about the growth strategy.

https://fenixresources.com.au/investors/

JW is setting the company up for growth, hours said this many times, some key points from this page if you want to remain on the FEX ship.

-$50/t operating margin
-mining 4mt by 2025
-growing logistics and port businesses

The chair has said many times that he believes that the Geraldton port can accommodate 10mt/yr

DYOR

AIMO