I would say that is about 8 years away. I've stated inside side 10 years FMG will be over $100 a share.
Green hydrogen will take some years to get going. They are saying by 2030 which is 9 years away.
AF already stated he expects to make more money from green hydrogen than IO which will see massive dividends.
Green steel is where FMG may make up ground in a few years due to the Europeans wanting to buy from green companies.
China won't like it when we start to out sell them on steel to the world. Then Australia can start putting the screws on China.
AF has signed up 47 countries to green hydrogen.
$5 !, page-24
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$17.26 |
Change
0.250(1.47%) |
Mkt cap ! $53.14B | |||
| Open | High | Low | Value | Volume |
| $17.22 | $17.37 | $17.10 | $105.8M | 6.139M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $17.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.27 | 19878 | 3 |
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| FMG (ASX) Chart |