Meanwhile today another 5,500T of carbon goes into the air courtesy of FMG!
Meanwhile another $300M blown by FMG into a deep dark black hole of hot air without any reduction on AISC/COP.
Meanwhile EV battery power & EV vehicle sales skyrockets & FMG left behind chasing invisible gas in 30 years time.
Musk uses kerosene rocket energy NOT H gas so even rocket scientists are refusing to use H in rockets now!
Each SpaceX main engine developed by 2012 has been Kerosene-based, using RP-1 as the fuel with liquid oxygen (LOX) as the oxidizer, while the RCS control thruster engines have used storable hypergolic propellants
= NO H at all.
https://thedriven.io/2021/01/28/a-big-pain-in-the-arse-musk-says-hydrogen-transport-is-crazy/
Hydrogen is basically a “big pain in the arse”, and is a crazy alternative to battery electric vehicles, says Tesla’s CEO and co-founder Elon Musk.
Listen to what works & what sells.
FMG should pivot to Nickel sulphide and start production of the NCM811 battery for this booming industry & build a steel refinery in PH instead.
Nickel Sulphide is expected to deplete to 0% stock in 5 years according to the Nickel Institute
But no AF was selling down his Nickel Sulphide interests in WA!
NUTS.
Renewable Hydrogen, page-160
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Last
$19.97 |
Change
0.005(0.03%) |
Mkt cap ! $61.14B | |||
| Open | High | Low | Value | Volume |
| $20.11 | $20.19 | $19.80 | $42.24M | 2.113M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 5632 | $19.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.97 | 2132 | 8 |
View Market Depth
| Last trade - 11.24am 02/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |