FMG 1.67% $19.49 fortescue ltd

Iron ore price, page-38372

  1. 3,495 Posts.
    lightbulb Created with Sketch. 1062
    I'm surprised your numbers are roughly correct biggrin.png

    But does it really matter how much it costs if the customers are willing to pay??
    $200 Billion roughly in startup costs
    15 Billion kilograms per year.
    If we sell for $3.5/kg in the first 4 years, thats $200 Billion in revenue in 4 years.. the whole PVs/ turbine/electrolysers will be paid off in 4 year!
    $2.5/kg should be paid off in <7 years...
    ( i expect received prices to drop below $3.5 soon)
    So if we have it paid off in 7 years, after that the PVs & electolysers should be bringing in $Billions of profits for the rest of their usable life...25+ years....
    Basically its hugely expensive, and we will need green investors..... but if it executed efficiently it should be very profitable.


 
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