FEX 0.00% 31.5¢ fenix resources ltd

What should FEX do with all their cash, page-3

  1. 718 Posts.
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    We’re a niche junior mining company, RB has said previously the company will target future acquisitions with similarities to our current project. And more than just iron ore, possibly manganese or coal if the numbers add up.
    High grade, small scale projects that the big boys don’t find lucrative enough, but are lucrative for FEX because of our low capex base. There are plenty of opportunities in Australia, they will acquire more projects at the right time for the right price.
 
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