in my opinion even though the higher the dividend the better for...

in my opinion even though the higher the dividend the better for my bank account

As a long term holder who has suffered with the highs and lows via a margin loan

Preference is to limit the first half dividend to $1,00 to $1.20

Use the surplus to cover capex for Iron Bridge and Eliwana and start repaying debt

Once they reduce the debt, refinance the balance on better terms as they could borrow at much lower rates as their credit rating more attractive now as opposed to when the existing loans were established

High IO price won’t last forever. If debt is reduced we can look forward to steady dividend payments even when IO price pulls back

Hydrogen and diversification will/should kick in and with a strong balance sheet FMG will really be company, best in class management wise, diversified and with low debt

May see them as No. 2 or 3 top ASX companies and Twiggy in ten top billionaires list worldwide