FEX 1.85% 26.5¢ fenix resources ltd

What should FEX do with all their cash, page-50

  1. 718 Posts.
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    CAP is one I’ve done basic research on, but it is extremely CAPEX intensive ~US$1.4bil, and the whole JV is in a messy state with the breach by Pure Metals.
    I’ll do more research in time, but IMO I don’t think it is part of FEX’s plans to take on such projects that are that CAPEX intensive.
    But if it can get off the ground with 100% ownership, the project does have some appeal
 
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