FMG 2.02% $25.70 fortescue ltd

Its a long term thing, 50 million tonnes by about 2040, not...

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    Its a long term thing, 50 million tonnes by about 2040, not about reaching $100 SP in just a few years. Its a long term goal & long term hold.
    I've done a lot of maths & science research on this topic and know it can be easily successful, but also realise many of the projects may fail, be cancelled, or other technologies can come along, so best not to cancel the dividends many of us here live off.

    Right now we're spending $1 Billion on buying companies, building factories, R&D. by end of 2023 we will be pumping out the worlds cheapest electrolysers & maybe the wolrds cheapest solar panels per KW. By 2025 we will be creating about 1 million tonnes of H2, worth about $5 Billion revenue per year with minimal OPEX, enough toself fundmany more projects over the coming decades.


 
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