4 ms·

Twigs has been parroting on about Green Hydrogen for at least a decade. I feel like every time he thinks FMG stock needs bit of a pump he'll yell something abou

• defrost 4y ago
  You feel that, sure - I get that. He, on the other hand, goes ahead and invests a few billion and ground breaks on capital infrastructure. So, regardless of my feelings about the guy, what I see is you yelling on a forum about how he yells at the sky Vs him getting on and doing something.
  • theteapot 4y ago
    Who's yelling? Let's all stay calm. Just saying he talks a good game, but talk is cheap. > He, on the other hand, goes ahead and invests a few billion and ground breaks on capital infrastructure. I don't have a few billion to spend. Sorry. Where's this few Billion Twigs has invested in Green project again? Maybe I'm wrong. There's Gladstone and that's about it, in terms of significant dollars actually put down by FMG/Twigs AFAICT. I'm genuinely just asking.
    • defrost 4y ago
      Gladstone is ~$150 million direct investment (by Forrest) for Green Hydrogen, so that's small beer; Clarke Creek wind, solar and battery farm from ealier this year was $3 billion (by Forrest) IIRC, and he's just put another $4 billion into CWP Renewables acquisition (which I'll be honest I haven't yet mapped - that may or may not overlap the Clarke Creek project). However many of this small projects are part of a larger $50 billion commitment with Germany to produce up to five million tonnes of green hydrogen (per annum) by 2030.