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ASX FEX (FENIX RESOURCES LTD) is an Australian-based mineral exploration and development company focused on gold and base metals projects. Analysts generally view the stock as a speculative investment with high risk but also potential for significant returns. The company's key assets include the Ironbark Gold Project in Western Australia and the Ravensthorpe Nickel-Copper-Cobalt Project in Western Australia. Investment cases for FEX include the potential for significant mineral resources at both projects, the company's experienced management team, and the potential for significant share price appreciation if exploration is successful. However, investors should be aware of the risks associated with investing in a speculative stock, including the possibility of project delays, cost overruns, and unforeseen geological issues.


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