Yeah I'm a buyer but at the moment, a very tentative one.
There's a fair bit of trust you have to put into FMG getting this all right and there are significant headwinds in everything from the engineering through to the economics and politics. I love the diversification, the vision and the audacity of what we're trying to achieve but there are some pretty good reasons as to why nobody's ever done it yet and it ain't just because nobody thought of it. I'm happy to be a part of it but it's still looking a bit touch and go for mine.
And even if this dog pays out, then its not happening for a few years yet anyway. I'm happy to take my lolly money and take on new shares one nibble at a time.
I'm on as a buy but it's definitely with my leftover cash for the foreseeable future.
FMG Price at posting:
$18.12 Sentiment: Buy Disclosure: Held
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