FEX 5.45% 26.0¢ fenix resources ltd

There is a fundamental misunderstanding of the macro factors...

  1. 2,331 Posts.
    lightbulb Created with Sketch. 290
    There is a fundamental misunderstanding of the macro factors here.

    This is NOT a supply issue, this is entirely driven by waning demand, for reasons articulated many times over...

    https://hotcopper.com.au/data/attachments/3778/3778104-f6ac7bb43cb2c05eff7c11bc171ae92d.jpg
    https://hotcopper.com.au/data/attachments/3778/3778107-c75bfbe4f41828b3ed0f49e642a224de.jpg
    Not sure the Chinese situation is fully grasped by many on here, this will be catastrophic for IO for the foreseeable future...

 
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