FMG 1.10% $19.76 fortescue ltd

Iron ore price, page-43480

  1. 743 Posts.
    lightbulb Created with Sketch. 259
    Gloom and doom .
    it on an extremely profitable company who over the next few years will add 30mt pa and introduce some high grade product.
    It has growth options in energy and manufacturing of green hydrogen expertise for heavy industry.
    IO goes up and down ,as long as it's 70 bucks US, the company will make a profit.
    Dividend returns averaged for the 2020s will most likely be the best on the asx.
    it has buggerall debt and will be the first miner to decarbonise .
    It's a no brainer for anyone with a wealth creation objective,imo door glad etc
    Gordy
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.