FMG 1.10% $19.76 fortescue ltd

Ann: Fortescue Leadership Changes, page-169

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  1. 60 Posts.
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    Id rather leave the Possible hydrogen plays to INPEX , JAPCO etc and not Twiggy.

    Twiggy nor FMG is capable its a glorified gravel pit operation not a processing / manufacturing organization.

    Green steel is his thought bubble to capture government subsidies and support .

    He is too big on spin something the Japanese and the Chinese ( yes I live here ) think that he is full of .

    Chinese need iron ore at the moment they tolerate twiggy .

    The first thing they would love to do is lance the dependency on Australian iron ore .

    " Disclaimer "

    I trade Iron ore for a living so im not making this up on the back of the envelope..

    FMG should stick to what's worked moving dirt onto a boat at low cost.
 
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