Iron ore price, page-42379

I suspect potential fantasy views of FFI will support the FMG share price, but I also think FFI is quite risky.

Extracting hydrogen from water dosnt appear to be a grounding breaking or complex process and many companies have plans to do so. It seems FFI wants to be the first to do so on a commercial scale and it's prepared to spend billions to acheive that objective.

What if FFI goes spending billions on solar panels etc to generate this energy to extract hydrogen from water only for new energy technology to come out that allows for less capital intensive and more efficient energy generation? FFI's investment in today's technology would be obselete and may result in write downs.

Hydrogen is just going to be a commodity and the objective is to be the cheapest producer, not necessarily been the first to do so. It's not clear if the first mover will obtain a cost edge or just obselete technology.

There are some big risks and unknowns to all this.