FMG 0.84% $27.01 fortescue ltd

thanks @eurezaThe bottom like for me is investment decision...

  1. 1,419 Posts.
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    thanks @eureza

    The bottom like for me is investment decision based.

    i recognise we are a very long way from the end game, but in the game of hydrogen we are. So i ask myself, should i be guarding myself when i invest in FMG. That is, and i know this is essentially impossible to quantify, should FFI succeed everyone's a winner, on the other hand, should FFI not succeed and in turn through cost overruns contribute to rising FMG costs, then what is the impact on the FMG sp.??

    I know many on here will say that FFI is fully funded through FMG, and yes we know that, and it is for now. I guess that's my point. FMG are carrying the FFI business on the premise it succeeds. What happens once setbacks appear.. and setbacks WILL appear..

    damn difficult to quantify the risk. but the risk is real given an IO miner is going into Hydrogen
 
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