FMG 1.91% $21.62 fortescue ltd

Iron ore price, page-53067

  1. 203 Posts.
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    Sure did fb. Similar sentiments to you, though I also felt Twiggy skirted around some of questions, but not different to most others in this respect. No doubt about it Twiggy has had to eat a bit of humble pie - no doubt he is disappointed too. But he's had a crack and it didn't work out - that is business. If we know everything in advance, well we'd all be billionaires! rolleyes.png I believe that there is merit in decarbonisation because of the offset of diesel costs (and sure there the benefit of lower carbon) but it requires upfront investment that will adversely affect profitability in the short-term. It can also reduce the exposure the company has to future climate regulations (worldwide) regardless of whether you or I 'believe' that is the right thing to do. just my 2c
 
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