Chairman of Fenix Resources (FEX), John Welborn, came on LEVRD to convince Matty to buy the stock. Iron Ore in the mid west is an interesting area of Western Australia, check out the pitch.

(0:00) Preview

(1:35) Fenix Iron Ore update

(4:45) Sensitivity to Iron Ore, USD + Diesel

(10:40) Long term Iron price

(13:37) What happened with Robe Mesa

(18:33) Weld Range "Right to Mine"

(23:40) Future hedging strategies

(27:30) In house haulage

(29:30) Recent major shareholder "off market transfer"

(32:53) Mt Gibson + APAC stakes

(34:47) 37% stake in Athena

(38:10) Can Fenix comp to anyone else?

(39:26) Future funding for Weld Range

(42:16) Does Matty buy it?

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