FMG 3.61% $20.10 fortescue ltd

POWER!!!! Fortescue Future Industries, page-4771

  1. 67 Posts.
    lightbulb Created with Sketch. 18
    Yes inflation will have a big impact if it continues at historical rates.
    However the diesel usage/labour savings need to be offset by the increased ownership costs of the EV equipment (depreciation, maintenance, utilization rates, availability rates, finance costs, productivity rates, transition costs and equipment life
    All the posts I've read only talk about the possible and unproven benefits without any financial consideration of additional costs to make it happen.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.