LMAO. Even these wildly optimistic figures show IO would fall USD33/t by 2027. That's USD6.2B less revenue based current output of 189MT pa. Based on a projected exchange rate of 0.7 revenue would be down AUD8.9B. So a drop of more than 50%.
That's why Twiggy is pushingFFIHydrogen Hype so hard. He knows FMG is basically cactus.
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FMG
fortescue ltd
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1.60%
!
$15.40

Iron ore price, page-47734
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Last
$15.40 |
Change
-0.250(1.60%) |
Mkt cap ! $47.41B |
Open | High | Low | Value | Volume |
$15.73 | $15.79 | $15.33 | $93.96M | 6.069M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | $15.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.41 | 18307 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 15.390 |
6 | 2286 | 15.370 |
1 | 100 | 15.360 |
5 | 9108 | 15.350 |
3 | 2051 | 15.340 |
Price($) | Vol. | No. |
---|---|---|
15.410 | 18307 | 1 |
15.420 | 500 | 1 |
15.430 | 18307 | 1 |
15.450 | 18307 | 1 |
15.470 | 18307 | 2 |
Last trade - 16.10pm 02/04/2025 (20 minute delay) ? |
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FMG (ASX) Chart |