FMG 5.04% $17.50 fortescue ltd

Iron ore price, page-35059

  1. 398 Posts.
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    IMO the problem with FFI is that its priced as an additional expense. At the moment there's just a large expense allocated to "studies" and some smaller amounts allocated to hydrogen vehicle R&D.

    FFI won't add value to the SP until FMG gives shareholders a clearer picture of where / when revenue will be generated.

    With that said, a large reason I bought into FMG was the prospects of FFI, so I'm definitely bullish.
 
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