FMG fortescue ltd
Add to My Watchlist 0.13% ! $18.68

Thanks Tony, I really feel this is our best opportunity right...

  1. jb206
    4,074 Posts.
    lightbulb Created with Sketch. 1189
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    09/08/24
    10:27
    Post #: 75137798
    Thanks Tony, I really feel this is our best opportunity right now to significantly grow the company.

    tongue.pngHave a read of this article    I, basically explains the process, or at least the idea behind it.

    https://www.miningweekly.com/article/decarbonised-iron-production-possible-using-sodium-company-says-2024-04-19



    Pig Iron is about USD $400, so if we were to sell 100 mt that would take our revenue to a healthy 40 Billion USD/year
    $100 billion project is cheap, if we earn an extra $20 billion per year....

    I wouldnt be investing in coal for the long term
    FMG Price at posting: $18.07 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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