1000kg of hydrogen per ton5,000,000 tons = 5,000,000,000kg
5Billion kg x $2Per kg = $10B
Theoretically speaking
The mind boggles, if this single MOU comes to fruition it would exceed the current income Per Annum that FMG is earning at this current time. The Share price and dividend would go up in multiples, not just a 2 digit percentage rise.
Fortescue and E.ON sign deal to replace Russian gas with Australian green hydrogen, page-5
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$22.41 |
Change
-0.210(0.93%) |
Mkt cap ! $68.99B | |||
| Open | High | Low | Value | Volume |
| $22.36 | $22.61 | $22.30 | $82.59M | 3.681M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $22.40 |
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| Price($) | Vol. | No. |
|---|---|---|
| $22.42 | 11435 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |