Agree, nobody knows what the dynamics of the market will be and profitability of the miners,hence the dividend forecast out to FY25 is an impossible thing to quantify .
Throwing 35c out there,is incredibly Bearish and is highly unlikely to be the case,as FMG will be producing about 200MT and the Grades with IB added maybe circa 60%.Automation leaders will gain efficiencies never seen in Mining before.
Additionally some revenue or savings from the Energy projects embarked upon ,Green Hydrogen may even be a profit line also.
I think FMG has shown itself to be one of the biggest Oz sucess stories of employment and wealth creation and will continue to do so with their excellent timing for changing from Hydrocarbons to Green Energy and trying to make a new business in that.
The Dividends are fantastic at present and nothing stays the same,but can also increase as well as decrease .
My macro view is the urbanisation of some very highly populated countries has a few decades to go.
Gordy
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