Friday buying, i guess the Resource estimate will be out very soon. We will know exactly whats in the ground, so we can work out the numbers and see if their project is economically viable.
With the current Iron ore price for 64% and 65% i guess even 5MT will do it. Fingers crossed for 10Mt though, that would be the jackpot.
Grade is king in Iron Ore, especially now days. Praying for tonnage to back it up and Fenix will fly.
172M shares on issue, at 15c per share their market cap will be 25M.
DYOR
Ann: Investor Presentation - February 2019, page-21
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FEX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.5¢ |
Change
-0.010(3.39%) |
Mkt cap ! $180.1M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 28.3¢ | $274.3K | 957.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 170965 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 91126 | 10 |
View Market Depth
| Last trade - 13.26pm 02/12/2024 (20 minute delay) ? |
| FEX (ASX) Chart |
