Thankyou jb for your sensible, grounding analysis.
. Having said that I feel any sort of Fortescue analysis is fraught with danger. The New York city"experts" at Goldman Sachs et al have
been talking down the IO and Fortescue price for a seeming eternity now. Mate, they've got enough egg on their faces to open an omelette shop. Ya just gotta shrug ya shoulders and admit who knows?
. Other challenging variables are if Williams' Elysia tech proves an overwhelming success at Jaguar Range Rover, it would be essential for other vehicle producers to follow suit to remain competitive. How much would that be worth for Team Fortescue punters? The R&D is already largely complete and would seemingly require no further infrastructure costs. This could have a timeline of just a couple of years a.Who knows?... Maybe Tony?![]()
. Will mass production and resultant economies of scale of our ev trucks and excavators deliver massive profits from world wide sales? There are a plethora of other irons in the fire, too numerous to mention, making the accurate science of Fortescue predictions fanciful. Matees and matesses, it's a case of strap yaselves in and enjoy the ride!. wes
.
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