FEX fenix resources ltd
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SELL, page-23

  1. RNClarke
    1,503 Posts.
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    30/05/23
    11:36
    Post #: 68031538
    World Bank are forecasting Iron Ore prices to remain elevated at USD $115 for 2023 and USD $110 for 2024.

    Last quarter is a reasonable indication of the profitability to expect in the medium term. India are aiming to double steel production by 2030. Lots of Iron Ore needed.

    I am also exposed to DRR which will likely be taken out by BHP at some point.
    FEX Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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29.0¢ 		Change
0.010(3.57%) 		Mkt cap ! $214.9M
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28.5¢ 29.0¢ 28.0¢ $187.3K 657.2K

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No. Vol. Price($)
2 41714 28.5¢
 

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Price($) Vol. No.
29.0¢ 232624 10
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Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
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