Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi James and Team, Can I have your current view on Fenix Resources please. In July 2022 FEX 100% ownership of Fenix-Newhaul makes them a fully integrated mining haulage & logistics Co reducing costs and their recent acquisition of Mount Gibson's MidWest iron ore, port, and rail assets for future growth. All this seem positives for the business but the share price has come off. Are you positive FEX longer term? regards
Hi,
We don’t follow this $156mn WA based explorer/miner very closely one of the reasons being the shares haven’t moved in a few years and the stocks still trading down 50% from its 2021 high, i.e. close followers of the stock and space aren’t keen.
This junior iron ore company is likely to struggle, especially compared to its better-known peers, unless we see a strong rally for the bulk commodity – not one presently on our radar.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
