FEX 8.86% 36.0¢ fenix resources ltd

I would say with the share's on issue with fex and cash...

  1. 996 Posts.
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    I would say with the share's on issue with fex and cash generation, if they grow methodical and branch out to jvs in the Pilbara with small junior's with the logistics guy dividends could be a possibility. I doubt they will do CR's and will play the long game which is good for all concerned. The only reason io bounced around was it's a trading well at these new highs, one day China's out next there back in. High grade fe is a must and the market is willing to pay. Jmo Friday. Was a good day with fex folk's doing the maths
 
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