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.
Iron ore price, page-47737
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Last
$17.98 |
Change
0.050(0.28%) |
Mkt cap ! $55.35B | |||
| Open | High | Low | Value | Volume |
| $17.95 | $18.03 | $17.86 | $80.64M | 4.489M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $17.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.99 | 5364 | 3 |
View Market Depth
| Last trade - 16.10pm 13/01/2025 (20 minute delay) ? |
| FMG (ASX) Chart |
