FMG 5.31% $19.27 fortescue ltd

POWER!!!! Fortescue Future Industries, page-2317

  1. 3,389 Posts.
    lightbulb Created with Sketch. 1044
    Soooo trying hard to ignore..... but anyway....
    • No one cares about efficiency.... its all about $$$$. If we can produce, ship and sell for less than our cost price, we make money.
    • Doesn't matter if we are relying on government intervention.... they pay us, we're happy.
    • Price in California is currently about AU$39/kg, very high, we can do a lot better.
    • Nuclear is great, but is better suited to baseload power. Will take 10 years to build, so in those ten years our solar/wind/hydro dams will have paid themselves off and are freeeeee carry. Go invest in a nuclear power company if you wish wink.png

 
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