FMG 5.04% $17.50 fortescue ltd

Iron ore price, page-47737

  1. 7,705 Posts.
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    LMAO. Even these wildly optimistic figures show IO would fall USD33/t by 2027. That's USD6.2B less revenue based current output of 189MT pa. Based on a projected exchange rate of 0.7 revenue would be down AUD8.9B. So a drop of more than 50%.

    That's why Twiggy is pushing FFIHydrogen Hype so hard. He knows FMG is basically cactus.
 
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