FEX 4.55% 23.0¢ fenix resources ltd

FEX Valuation, page-13

  1. 1,366 Posts.
    lightbulb Created with Sketch. 247
    morning all.

    with all that cash, is it possible for FEX to make pellets? What’s the break even quantity? I think I read about 2mtpa somewhere. We’re around 1.3, with maybe more if JV hits well.

    the premium for pellets would further insulate us against the IO price falling a long way in the future.

    just a thought, maybe impractical.

    cheers,

    ned.
 
watchlist Created with Sketch. Add FEX (ASX) to my watchlist
(20min delay)
Last
23.0¢
Change
0.010(4.55%)
Mkt cap ! $115.5M
Open High Low Value Volume
22.5¢ 23.5¢ 22.5¢ $500.8K 2.188M

Buyers (Bids)

No. Vol. Price($)
15 604227 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 86926 2
View Market Depth
Last trade - 16.10pm 08/12/2021 (20 minute delay) ?
(live)
Last
23.0¢
  Change
0.010 ( 3.09 %)
Open High Low Volume
22.5¢ 23.5¢ 22.5¢ 815422
Last updated 15.59pm 08/12/2021 (live) ?
FEX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.