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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1.04%
!
$15.52

Iron ore price, page-47734
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Last
$15.52 |
Change
0.160(1.04%) |
Mkt cap ! $47.78B |
Open | High | Low | Value | Volume |
$15.56 | $15.68 | $15.46 | $70.14M | 4.509M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6220 | $15.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.53 | 700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6220 | 15.500 |
1 | 644 | 15.480 |
4 | 3190 | 15.450 |
1 | 118 | 15.420 |
2 | 822 | 15.410 |
Price($) | Vol. | No. |
---|---|---|
15.530 | 700 | 1 |
15.570 | 578 | 2 |
15.580 | 1300 | 2 |
15.600 | 3697 | 4 |
15.630 | 11444 | 2 |
Last trade - 16.10pm 25/04/2025 (20 minute delay) ? |
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FMG (ASX) Chart |