FMG 0.26% $19.55 fortescue ltd

Hi TonyThanks once again for the work you do for this thread in...

  1. 54 Posts.
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    Hi Tony

    Thanks once again for the work you do for this thread in keeping us up to date with FMG's developments in energy innovation...it's happening at breakneck pace and its a full time job just keeping up. Much appreciated.

    Your post on the 5th with the link to im-mining.com confirmed our discussions over the last couple of weeks.

    The article quotes Dino Otranto...'“We are looking to take a decent market share in the mining sector when it comes to decarbonisation, but there are even bigger opportunities outside of mining – in construction, in shipping, with locomotives, etc."

    The article goes on - "Such a move would bolster the company’s bottom line, as well as allow Fortescue to be rated by the investment community as something equivalent to a technology stock: a status that comes with premium trading multiples.This business model adaptation already appears to be gaining traction."

    As we have discussed with Wes, this is what differentiates FMG.
 
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