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pessimist
you are as powerful as the money you spend ( or don't )
shouting and signs MIGHT work , but money is power
pessimista little trip to China economic powerhouse areas would be beneficial to our Greta fans to have a clue; you can save next door stream with local action, you do not save the world by cycling to work.
luckily CO2 is a distraction so that does not matter much, just destroy the west; but more issues are killing our planes and sadly,same principle is still true, we can do not much alone
True and when you are in china, you know where money is.pessimist
you are as powerful as the money you spend ( or don't )
shouting and signs MIGHT work , but money is power
Absolutely frog, more population equals more consumption, more consumption equals more use of finite resources and finite energy. Eventually we go the way of the dinosaurs. LolTrue and when you are in china, you know where money is.
Do not be fooled by the exchange rate..see the wealth in and the wealth out, the change of wealth between countries along the last decades.
World problem #1 is overpopulation,rest is distraction and how i spend my cash has no bearing on this..
And Australia massive wealth gain on the last decades is riding the wave of iron coal... thanksfully without the Gretas around to close the mines thenTrue and when you are in china, you know where money is.
Do not be fooled by the exchange rate..see the wealth in and the wealth out, the change of wealth between countries along the last decades.
World problem #1 is overpopulation,rest is distraction and how i spend my cash has no bearing on this..
This Fortesque Future Industries, for someone who doesn't follow FMG and mistrusts 'Twiggy', - is this a subsidiary of FMG and will it therefore leach capital out of FMG? It has a sniff of overreach, hubris and something that could fall flat on its face. I'd be concerned if I were a holder of FMG because it is an iron ore miner. Then again, if an FMG holder I would read up on it.
This Fortesque Future Industries, for someone who doesn't follow FMG and mistrusts 'Twiggy',
Do yourself a favour and read up on Murrin Murrin and Anaconda.
There is nothing this man can't sell.
Ok Further to @notting suggestion that I mark up a chart I place these up for consideration.
Its actually how I trade my long term trades in one of my Super Portfolio's
This chart is not marked up 100% accurately its back of the drink coaster
but accurate enough to show why Im shaking my head with @Value Hunter
buying and just sitting.
Now Im going to get --yeh but your a trader and Trading it.
Truth is Im proactive in my investment,Im not passive.
I hope you can see why with this example.
So Very Simple Basic rules In Radges "Un Holy Grails.
Sell on a 20% down tern from Recent high.
Buy on a 20% increase from a Recent low.
@basilio he strikes me as a high stakes gambler, while admitting his success as an entrepreneur with FMG albeit not that Nickel venture Anaconda. Even with FMG, it always seemed unusually high risk: taking on the majors with a single commodity business and using I believe a lot of debt? Ok, it paid off, but maybe luck was with him?Just out of interest finicky what do you mistrust about Andrew Forrest ? Are there things he has done that others should be aware of in evaluating his business accumen ?
10% of FMG’s profits are being dedicated to building FFI, 10% will go to mining and 80% gets paid as dividend.This Fortesque Future Industries, for someone who doesn't follow FMG and mistrusts 'Twiggy', - is this a subsidiary of FMG and will it therefore leach capital out of FMG? It has a sniff of overreach, hubris and something that could fall flat on its face. I'd be concerned if I were a holder of FMG because it is an iron ore miner. Then again, if an FMG holder I would read up on it.
Hi tech/a,
I was just wondering, out of interest, whether you trade Nick's 20% Flipper with the same parameters as used in the back-test results published in "Unholy Grails"?
Cheers, Rob
yes there is a company dreaming of a battery manufacturing plant in Nth. Queensland as well , that seems to be dragging as wellI think we are all confused..or at least i was.
I thought fmg was going to be a major H2 player by producing and using H2 but based on https://www.brisbanetimes.com.au/na...reen-hydrogen-hub-in-qld-20211010-p58yqb.html
not exactly....
Fmg will build power to H2 "plants"..and hopefully use some of them.
Similar as saying we will produce xx MW solar...and build a solar panel factory.
And sorry but the chance of a Qld based manufacturing hub success is zip.
There is no high tech in electrolysis..i was doing it at 9 with 12v batteries
So any qld based unit ,even with taxpayer money help will cost what ? 3 times to 5 times a chinese made similar unit and twice a similar unit made in the US of A?
I hope this FMG Future company is not linked to FMG financially,and will be just an r&d credit,subsidies burning structure.
Good for narrative..even providing below costs H2 units to mothership FMG .
Remember that around 1 billion has been spent by Qld on CCS..carbon capture and storage..and 4 billions to date..yeap was scared :
As carbon capture, storage commitments near $4b, what are the options for heavy industry? - ABC News https://www.abc.net.au/news/2021-08-21/taxpayer-bill-for-carbon-capture-and-storage-hits-4-billion/100375854
So is the H2 hub the new feel good, max cost white elephant?
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