What is most eye-catching about Fenix Resources FEX iron ore play is its ability to generate serious cash at a $110m market cap – whilst also being debt free. Within its first year of production, Fenix is likely to record EBITDA well in excess of its modest market cap.
https://www.chrisjuddinvest.com/articles/fenix-resources-asx-fex
FEX now @ 0.29c +7.41%
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