In your opinion, when will FMG SP reflect potential of FFI?, page-12

FMG will be selling green what ever in 2023 which AF has stated in a recent interview.

Must remember his net zero was for 2050, then the target was changed to 2040 and then 2030.
Things are moving so fast that it will come far faster than people think it will. Its like with the vaccines for covid
put enough money into it and things start happening faster than they thought possible.

IO might not see it over $200US/T in the next 10 to 20 years but we will see FMG share price go higher due
to green steel and green hydrogen. AF sees green hydrogen as a future $16T industry and he hopes to have the most
of it to sell making many billions into the future.

I see FMG as a $100 plus stock inside 10 years and it may happen far faster.

If FMG was to say we will no longer be selling IO to China and making green steel to sell to he world IO
prices will go sky high and stay high for years. BHP and RIO will eventually go this way too then China will be
in real trouble.

FMG will make a killing on their steel alone and the Europeans will only deal with countries doing green projects
so we wil start undercutting China steel.