FEX 0.00% 31.5¢ fenix resources ltd

Price of Iron Ore, page-397

  1. 967 Posts.
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    Ultimately.
    We have no debt.
    Sufficient cash on hand to carry us forward for a few years regardless.
    Hedge in place to keep us operating even if we have to cut some production.
    We are getting a premium on the lump also.

    Cash on hand at this quarterly after the dividend will be significantly higher.

    I really think that some good opportunity's will be presented out of all this.

    Berth 5 will be all ours now.
 
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