FMG 3.61% $20.10 fortescue ltd

Hey Wes,Re Nabrawind, I'm not sure if you're aware but...

  1. 11,311 Posts.
    lightbulb Created with Sketch. 1447
    Hey Wes,

    Re Nabrawind, I'm not sure if you're aware but Fortescue's first minority investment in the company took place last year APRIL 18, 2023. See below.

    https://www.nabrawind.com/nabrawind-secures-its-growth-plan-with-support-from-fortescue-future-industries/

    Fast forward one year an Fortescue have just upped their stake in the company.

    https://fortescue.com/news-and-media/news/2024/06/11/fortescue-announces-further-investment-into-nabrawind

    This news piece below really interests me. Last year Nabrawind announced a joint venture with China’s Golden Ocean. You'll understand why once you read the piece below. They already have the R&D and prototyping out the way for their portfolio, now it's a matter of scaling up production. Gooogle Nabrawind and Africa.

    https://www.nabrawind.com/nabrawind-and-golden-ocean-partner-to-install-190-m-tall-nabralift-tower-in-china/

    This is a very strategic partnership.

    Re Holmanaset, it's not about our timelines mate, it's what's been highlighted on company website

    As for my timelines, they are:

    1. Very short term is 0-2 years. (This is the timeframe I have for Fortescue Zero's products and solutions hitting market).
    2. Short term is 2-5 years.
    3. Mid term is 5-10 years.
    4. Long term is 10 years and beyond.

    Cheers,
    Tony

 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.