I think that to make a change you need to be bold.I also think that there is a difference between plundering someone else resources for your own benefit is fraught with danger.
i think that from what I have read,this is more an empowerment to the various nations than treating it like a goldmine to take.
However this is very early days in a 180 degree change from fossil fuels and should be applauded ,but is not going to be smooth or uncomplicated .It will be a cluster f... but probably worthwhile as a learning experience.
Non recourse ,does not mean the FMG solid share price will greet this well.
Still happy to long,but would prefer the ambition was more moderate until some runs have been scored.
Gordy
Iron ore price, page-33020
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$17.04 |
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-0.280(1.62%) |
Mkt cap ! $52.61B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3 | 820 | $17.03 |
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