FEX 2.78% 37.0¢ fenix resources ltd

yes, if current prices are maintained the post tax cash backing...

  1. 2,204 Posts.
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    yes, if current prices are maintained the post tax cash backing increases 2.9cps per month from 7.5cps at end of April. This gets to the current share price of 33.5cps cash backed by end of Jan 2022. If management do nothing until end of mine they build a cash pile of $600m or 1.25cps....this is the do nothing case with no upside
 
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