FMG 1.48% $26.05 fortescue ltd

"How long do you think it will be before FMG sees any sort of...

  1. 2,848 Posts.
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    "How long do you think it will be before FMG sees any sort of meaningful impact on earnings from all the new ventures? "

    The PHH project is scheduled for production in 2026, somewhere around 11 million kg per year., delivered price is around $10/kg...... so we're talking ball park $110 million revenue per year.....but lucky to make $10 million in profit per year.

    meaningful?not really, going to take dozens of these projects to add up, but thats the beauty of diversification...
 
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