I agree, Twiggy has done very well positioning FMG for the future while making the most of the current market conditions.
He deserves a lot of credit and I'm sure he and his shareholders will be very well rewarded.
I do expect the cost gap between low-grade and high-grade to get a lot wider in the future as carbon taxes and emissions targets start becoming more pressing. I find it hard to see the current 12% gap will maintain long into the future. These taxes are needed to force more investment into green projects.
I agree, Twiggy has done very well positioning FMG for the...
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Last
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $28.25M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.7¢ | $80.36K | 2.943M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 981370 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 1194560 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| HIO (ASX) Chart |