FMG 1.10% $19.76 fortescue ltd

Ann: CFO Update, page-80

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  1. 3,940 Posts.
    lightbulb Created with Sketch. 770
    Saw AF on 9 news and I am a bit concerned with what is going on.
    Here is the facebook link with that interview.

    https://www.facebook.com/watch?v=834751251295822

    He claims they were not pushed. They clearly were.

    It might have something to do with that case earlier this year.
    https://www.theguardian.com/australia-news/2023/jul/17/andrew-forrest-cleared-fortescue-metals-whistleblower-investigation

    Could be cracks forming in about FFI and the so called green hydrogen not living up to what AF thought would happen.
    Governments are going solar plus battery not green hydrogen. Solar plus battery can be set up inside 2 years where hydrogen
    plants take about 10 years to build.


 
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