FMG 1.56% $18.27 fortescue ltd

POWER!!!! Fortescue Future Industries, page-4497

  1. 11,205 Posts.
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    Hey Wes,

    As you can see on this page (scroll down to the bottom), they have a simplified and transparent process for the "Morocco Offer".

    https://www.masen.ma/en/green-hydrogen-moroccan-offer

    1. Application reception - Investor offer.

    2. Initial negotiations (Feasibility studies/Pre-FEED) - Preliminary contract of land reservation.

    3. Final negotiations (FEED) - Advanced study agreement.

    4. Accuracy of commitments (FID) - Investment Framework Agreement.

    5. Follow-up - Reporting appointment clauses.

    As per the news piece here, I believe they're at stage one of the process ie - Application reception the Investor offer.
    https://en.yabiladi.com/articles/details/153537/morocco-s-green-hydrogen-offer-receives.html

    Things should move fairly quickly from this stage to meet all deadlines.

    Tony

 
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