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not farYou Sound like a Broken record.....BUY BUY See you in the Bahamas
FMG - Fortescue Ltd
- Thread starter GreatPig
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I know its kinda like flogging a dead horse, but 14 out of the last 19 posts on this thread have nothing to do with FMG.
Mcik
Mcik
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Just Remember At the End of the Day we all Go Penniless & hoarding our wealth does nothing or Contribute to the World, it only contributes to our own ego
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Just Remember At the End of the Day we all Go Penniless & hoarding our wealth does nothing or Contribute to the World, it only contributes to our own ego
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feel free to pm me if you want for further discussion,but this is a FMG thread and the news is fmg battery trains are being canned.Just Remember At the End of the Day we all Go Penniless & hoarding our wealth does nothing or Contribute to the World, it only contributes to our own ego
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well run , yes i agree , BUT he is heading into dangerous ideological-ridden territory
i have mixed with these Greens/extreme Lefties , concede a millimeter and they take a kilometer , give them a second and they take a light year AND THEN WANT MORE , appeasing these people is a perfect way to get sucked dry
can Twiggy/FMG resist them when their ideas get crazier and crazier
all you have to do is watch the EU , vampires are trivial compared to these people
and since Twiggy is trying to coexist with these people i intend to keep my cash exposure low in FMG ( i will probably trade my way to a 'free-carry position ' it is certainly volatile enough to do so )
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Let me know when FMG is back down to $14-15.
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Looking Forward to Filling My Quota!
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knocking or trying to warn of the train-wreck coming
we are blindly following a series of train-wreck economies over the cliff
Australia's biggest asset WAS the native ability to innovate and create things to solve OUR problems
these days having an original idea is a big problem ( to government and management )
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you are going to be full and bloated before i even start considering my next target price
however if you must throw money at an iron play look at FEX ( i hold ) it looks like it is going to scale up ( for FEX my average buying price is 25 cents )
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No Intention of buying more FMG Now!
Funny you should Mention FEX Divs, i was Researching the Stock Today & noticed John Welborn just Purchased a Parcel of shares Today....Still Looking, but he seems to have a hand in Many Pies & that tells me that he may be a Person who only commits until something else comes along, but i will do more reasearch.
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FMG not covering itself with glory.
Its paywalled, but te headkin is enough.
Mick
Its paywalled, but te headkin is enough.
Mick
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It appears that net zero policy won't be enforced anytime in the near future. From a financial point of view just more money flushed down the drain and making the company run at a big disadvantage compared to other IO miners.
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Someone is at the bottom of the drain with a wheelbarrow
Value Collector
Have courage, and be kind.
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Where did you read that?
Value Collector
Have courage, and be kind.
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What part of the decarbonisation are you talking about? Because it seems that the major part of of it eg the e solar panels and electric grid they are building is going really well, so much so that BHP is following suit.
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Twiggy is trying to go to net zero before everyone else, Labor is talking about delaying it.
Value Collector
Have courage, and be kind.
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Twiggy is going for real zero, not net zero.
But, Fortescue has been heading that direction before they were even talking about carbon emissions.
I mean all their electricity used to come from diesel generators, then 10 years ago they started replacing their diesel generators with gas fired power stations at each mining hub. and now they are linking each hub to a “grid” with solar and wind power so that they don’t have to burn as much gas, and adding batteries to the grid.
The next step is to replace diesel powered mining equipment with electric ones, so they have to buy less diesel.
This stuff is all pretty low risk bolt of investments, that have a decent shot at reducing costs.
The riskier hydrogen plays are a much smaller play and are kind of on the back burner until the time is right.
JohnDe
La dolce vita
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Labor is setting the mood for an under promise and over deliver news event. Talk around the place is of Australia meeting its target.
The Paris-based Organisation for Economic Co-operation and Development (OECD) secretary-general Mathias Cormann also backed the Albanese government's current 2030 emissions reduction target as "well on track" and urged it to adopt an economically responsible and "globally effective" 2035 target.
On a side note, Cormann was also asked about nuclear power -
"In countries around the world, there are governments of different political persuasions who are pursuing increasing nuclear capacity.
"We're having the conversation now and certainly in the context of wanting to preserve international competitiveness, wanting to ensure energy security and reliability, affordability, and meeting climate objectives."
Mathias Cormann, the secretary-general of the OECD, says nuclear policy should remain "part of the conversation" in Australia and says there isn't anything "inherently partisan" about nuclear energy.
