Agreed JB,
Given the amount of time and money being invested into hydrogen research and business deals, I’d say FMG are feeling very confident of its success.
Keep in mind that no other mining co’s are attempting to get their foot in the door (that we know of) to the magnitude of FMG. If it takes off, and clearly FMG believe it will, they will have a massive head start on them. Effectively putting them in pole position dominate the market. As well as apply this to our current operations to significantly reduce operational costs.
We should also keep in mind that this form of diversification doesn’t really sit within the realm of mining. Or at least not exclusively. Which is an incredible move, as it helps to mitigate significant levels of risk, should there be a downturn in mining as a whole. And as I mentioned before, cementing solid relationships with other nations, which in turn bodes well for FMG in getting mining operations underway internationally.
It’s yet another example of the visionary mentality that FMG does so well.
Watch this space.
Agreed JB,Given the amount of time and money being invested into...
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