FMG to switch to hydrogen, page-14

Completely agree dyeman

Imho they should already be building. Exercise of options, build an FBR. It works and upscale using Nat gas, the rest of the purification is off the shelf.. plenty of interest as always told to us by management... take a deal make a plant produce hydrogen and graphite..

What would make that happen.. options exercised.. what would have gotten that in the money.. successful FEED study.. and communication with holders... who stopped that? Possibly the feed study not being what was expected but communication is the new head man. He told me no point communicating something that has already happened it doesn’t change the fact it has happened. Why tell people about it. (Paraphrased) I was also told by Andrew that the MIN royalty would be released with the FEED study..

If sp wasn’t over 40c following those 2 releases it would have been a massive mystery.. then nothing.....

Now they are under the pump to be funded for a demo plant that has no backing and I recon they could be getting bent over to get a decent deal to fund it.. with all the extra add ons now for the purification of bio gas to methane costing a whole lot more...

Just my read on it..