FEX 1.43% 35.5¢ fenix resources ltd

Price of Iron Ore, page-1655

  1. 2,450 Posts.
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    What magnetite deposits is FEX looking at, Shine is a small deposit which still needs to be proved up. Who knows what will happen at AHN, but again it is a small deposit. Iron Bridge is a large resource more than 20 year life commissioned last year costing a$5.9 billion.
    I think FEX should keep it simple shipping DSO like RIO and BHP have been doing for years.
    Magnetite ore bodies will be mined and processed but you need money lots of money. AIMO
 
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