FMG 3.61% $20.10 fortescue ltd

Ann: June 2021 Quarterly Production Report, page-56

  1. 383 Posts.
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    I said decades “to come to full fruition”. Not decades to begin. I’m sure Twiggy and his team are serious but a project like that will take longer than Twiggy’s (and our) lifespans to fully blossom.
    On a personal note, the only stock I’ve made more money on than FMG is Tesla and Elon Musk is positive hydrogen won’t work because it’s so flammable, volatile etc etc. I definitely trust his tech expertise over anybody else so I don’t actually count any of the green tech stuff when I value FMG- I simply do the maths on iron ore. (Which says FMG is worth about $50 per share imho)
 
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