Yes I would like to see budgetary likely costs and cost breakdowns
That is
1/ what is the likely total capital required to execute "Fortescue-OCP" (ie what TonyIndo has outlined above)?
2/ what % will government subsidies contribute to this vs what% will FMG shareholders contribute?
I don't mind mining companies transitioning to non fossil fuels.
I just want to know what it's going to cost shareholders.
The 700 job cuts is a positive in this regard IMO
Does anybody have a handle on what it is going to cost FMG shareholders?
Has it ever been formally laid out?
I have taken a stake - but I take with caution until the total costs materialise
I also own BHP and DRR and will be adding to them into the future
I rather their approach (in the case of BHP sit back and wait)
And DRR (no costs at all just royalties)
I'd rather not necessarily be all in on a company that is "1st"
Is there any "1st" advantage for FMG here?
I guess that's my 3rd Q
Thanks
NA
POWER!!!! Fortescue Future Industries, page-4163
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