Cant see the client FMG letting WSI flounder in the middle of this project. I dont think this has anything to do with the H gas furphy. 00 a ton for 58% iron ore. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Share. Share Indigenous groups taking equity in some clean energy projects Deals could bring community benefits but face financing hurdles Heritage protection in focus since Rio's Juukan GorgeFMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. With the franking credits attached, all other things being equal, you would expect the share price to have fallen at least 30 cents yesterday, so actual 6 cents drop to $5. Forums. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. 200 metre strike, 100 metres wide and 40 metres deep and that's being generous. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Created with Sketch. Wrong again buddy, these FMG shareholders are bank nominee companies and identically the same corporate entities as that in FMG, so those bank investment units and their FMG nominee clients are using the very same trading companies to buy into POS and their own bank holds most of these shares as well typically 80% of it to. Update - Dividend/Distribution - FMG. 295859. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. I dont think this has anything to do with the H gas furphy. Charts. Share Price Activity (ASX) Last (Price) Change: 0. Market . 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 44% and a trailing twelve-month return on equity of 27. 03. The 5-day moving average is above both the 20 and 50-day moving averages. HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. Rio Tinto (RIO) is asking train drivers working in mineral-rich Western Australia to work more hours, following a move by rival BHP Group, as miners rush. china pmi beat, fe above 90 and we down today its driving me nuts, page-31. 70 is $145/tonne, a $100 margin over C1. Or convert back to Hydrogen at the other end at around $8/kg for better profitMarch 31 (Reuters) - Fortescue Future Industries APPOINTMENT OF CARLOS LANGE, FORTESCUE FUTURE INDUSTRIES PRESIDENT EUROPE. 12 for $21,200 would then be worth $210,000 plus $74,000 in dividends = $284,000. I dont think this has anything to do with the H gas furphy. Exiting time ahead . Interesting report found on hotcopper thread including the following table. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG has shown lows at 19. 27. FMG has shown lows at 19. 30000. . As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. PS. Beautiful dragonfly doji with long tail and small head today at the 4 month bear run lows after a rounding top pattern formed since September This signals. 90 Does this sound correct? I image the two variables in this would be Royalty (if iron ore prices drop royalty drops) and By the Hotcopper 'gurus' always think they know better. F. Latest Posts. From about 10% when times are good to up to 40% last crunch cycle. Average price received: USD$88 a tonne . . Unlike the fake cancer spec. FMG will be fine. nothing special, happens across the board almost every day - special crossings, need to route it through the exchange for audit purposes. ASX - By Stock. FMG has shown lows at 19. Hi Samboy, As pointed out, FMG was ex dividend yesterday by 25 cents (fully franked). 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG has shown lows at 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. $17. . 06 FORTESCUE METALS GROUP LTD - Discussion. Dec 13 (Reuters) - Fortescue Future Industries: FFI PARTNERS WITH PUGET SOUND ENERGY TO EXPLORE GREEN ENERGY SUPPLY IN PACIFIC NORTHWEST UNDER MOU,. 08: $20. You won't be getting those huge dividends when IO is $60-80. FMG have misrepresented and obfuscated announcements in the past way back in 2007 when the CB screenhouse "planned frame bolt retentioning works" which was embellishment of bolts being replaced due to green riggers from the screenhouse conny using bolts that had already been rattled and removed due to more green riggers and. 22% more bullish than other Basic Materials sector stocks. AUD/USD Exchange Rate: $0. price is not. Dividends take care all bills. 7% in early trade,. "people are suffering in the world" looks like our little guy is crying from inside, guys and gals I have a huge home loan (yes I took loan which I cannot afford) I am short please stop buying this goddamn share. ASX - Day Trading. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. Market Cap $64. Forums. FMG has shown lows at 19. In case you haven't been following the news he has been systematically dismantling corporate capitalism and cooling the property market for the past 2-3 years. Join the HotCopper ASX Stock discussion forum for FORTESCUE METALS GROUP LTD. 18 wet; C1 costs of 1 Billion USD per year. FMG has shown lows at 19. If it wasn’t for the amazing dividends I would have had to sell my home. Sovereign Metals (ASX:SVM) is a WA based, Malawi-focused rutile minerals sands explorer, sitting on potentially the largest rutile deposit on earth. Market . Dividend will be 5 dollars per year. When demand drops the IO price will fall significantly and FMG will crash. , page-173. FMG Price at posting: $20. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. "FMG shares appear to be in a long-term bearish trend confirmed by a falling 200-day moving average. So, if you had $4,285. Created with Sketch. The world's biggest iron ore producer is expected report. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Created with Sketch. 70944833. Xi is now absolute dictator for life. i base this on the theory that the majority of fmg options are traded by large brokers based on derivative analysis. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. **Close price adjusted for splits and dividend and/or capital gain distributions. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. FMG. I dont think this has anything to do with the H gas furphy. Nonetheless, he is the latest in a string of executive departures at FMG that now leave just two of the 11 members of the senior leadership team listed in the company’s 2021 still with the miner. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. I dont think this has anything to do with the H gas furphy. Fortescue Metals Group Ltd sentiment based on opinions from HotCopper, SeekingAlpha and others. Green hydrogen will make FMG tens of billions and our divvies far fatter. DSX. So GS product discount and moisture adjustment additional costs of US $43. FORTESCUE'S GROUP. In January, the company said the project was set to begin production at the end of the March quarter. Here's a few points to contemplate 1. Rio now is in talk with FMG about green hydrogen/renewable energy. Created with Sketch. MELBOURNE, July 25 (Reuters) - Rio Tinto () is the first of the global iron ore majors expected to report lower half-year earnings from this week, as supply chains normalise after COVID-19 and attention turns to how suppliers to China's steelmaking industry see customer demand. FMG is making a good returns at this price, the iron ore price does not need to move up for FMG to be looking at a dividend of between $1. BTW I am already laughing all the way to the bank. Thanks, green hydrogen project moving faster than I thought. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. Comments. Last updated 12. MarketFMG has shown lows at 19. Join the HotCopper ASX share market forum today for free. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. The project was acquired from an affiliate of controversial Nikola. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Created with Sketch. FMG has shown lows at 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. . The Calmer Co. Users share their opinions, charts, and speculations on FMG's future and its relation to RIO and gas. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. I dont think this has anything to do with the H gas furphy. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. This would give me a base case. FMG has shown lows at 19. FMG has shown lows at 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 95, really equates to an adjusted share price of $6. But FMG cant or wont do battery plants or mills or EV commodities in Australia like Li Ni Co Mn, LOL. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG has shown lows at 19. Click for more information. Created with Sketch. 50-6. Those who think trading is the answer to riches are found prices out and or paying todays price to get set in again. 9 million tonnes by September 28, touching the lowest level since early September 2020. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. NEWS Subscribe to our Daily Newsletter and access exclusive HotCopper insights. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. Forex. "Early stages of exploration indicate multi-billion tonne potential and high grades," the company said. updates on status of its farm-in and joint venture agreement with fmg resources pty FORTESCUE HAS RIGHT TO EARN UP TO A 75% INTEREST IN LAMIL HILLS, TROTMAN SOUTH, SUNDAY AND EIDER TENEMENTS FORTESCUE HAS RIGHT TO EARN UP BY SPENDING A$6. Local media reported Fortescue, the world's No. March 30 (Reuters) - Fortescue Future Industries: FFI & STATKRAFT SECURE POWER FOR PROPOSED HOLMANESET GREEN HYDROGEN AND GREEN AMMONIA PROJECT IN DEAL,. So say the FMG share price after going ex dividend and before the next dividend in 2022 gets back to $21 your FMG 10,000 parcel of shares that you bought for $2. FMG has shown lows at 19. FMG has shown lows at 19. $21. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Target our investor community with our suite of Hotcopper Advertising. FMG has shown lows at 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Sentiment for Fortescue Metals Group Ltd is 13. Created with Sketch. Among Australia's top three miners, both Rio Tinto and Fortescue Metals Group (FMG) cut their shipments to China, according to the survey. I dont think this has anything to do with the H gas furphy. 60 to 5. 81. 00. Target our investor community with our suite of Hotcopper Advertising opportunities. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG. I think there is a couple of good reasons why FMG has higher prices than even 2021. Share WEEKLY: China's iron ore port stocks shrink to 114 mln t Source: Mysteel Sep 28, 2023 Imported Iron Ore Inventory Imported iron ore stocks piled at the 45 Chinese major ports included in Mysteel's regular survey had reduced for the fourth straight week to 113. I dont think this has anything to do with the H gas furphy. FMG has shown lows at 19. Fortescue Metals Group Limited (ASX:FMG) posted its quarterly earnings results on Wednesday, February, 20th. Dividend will be 5 dollars per year. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. HotCopper | 1,390 followers on LinkedIn. FMG has shown lows at 19. I have always thought FFI would be well placed to raise debt funding if required and at some point equity funding if FFI is spun off into a separate public listing. Great result, well done FMG. 11, equating to $11 billion and an 80% payout of NPAT. 18 by $0. FMG has shown lows at 19. 35% $21. Other Market Research Available. Advertise on HotCopper. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG has shown lows at 19. . However, there are rallies occurring at shorter. AUD Tax Payable (@30%): AUD$1. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. $21. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. The Blogger sentiment is more Bullish than other stocks in the. 0K. $17. FMG is simply a cash cow and with IOP above $100 this company continues to print money. 30 but it took 2 years in 2008. well done!!!. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. A. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. when fmg was $6 a share all options traded at a very nice premium and continued to do so for some time. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. Example to determine grossed up for Franking Credit value (Last FMG dividend . Discover historical prices for FMG. Click for. Fortescue Metals Group Ltd sentiment based on opinions from HotCopper, SeekingAlpha and others. 71 franking credits from your FMG Dividend but franking credits from other dividends throughout the year which took your total franking credits above $5K then you would need to satisfy the 45 day rule to claim the FMG franking credits in your example. Minus shipping & Moisture, our profit per tonne is $75. 8 dry/ 15. See All Discussions. @Trade4Profit88. FMG has shown lows at 19. 82. Rio Tinto (RIO) is asking train drivers working in mineral-rich Western Australia to work more hours, following a move by rival BHP Group, as miners rush. Add FMG (ASX) to my watchlist (20min delay) Last $20. ASX - Day Trading. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Jimmy had better be good May 19, 2023 – 11. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 22% more bullish than other Basic Materials sector stocks. (ASX:CCO) breaks new ground in Australian retail with Kava shots to launch in Coles from January 2024. The only reason it is 'quality' is the IO price has been far above the long term average due to Chinese demand. DRE Dreadnought Resources taps investors for $5m to drive. HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. when fmg was $6 a share all options traded at a very nice premium and continued to do so for some time. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Target our investor community with our suite of Hotcopper Advertising opportunities. March 10 (Reuters) - Australia's Fortescue Metals Group () is cutting a few hundred jobs as part of its efforts to maintain cost position, a person familiar with the matter told Reuters on Friday. 1. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. SYDNEY, Feb 9 (Reuters) - Fortescue Metals Group () is looking to cut up to 1,000 jobs across its back office and clean energy unit as part of a cost-cutting exercise, The Australian reported on Thursday, less than week before Fortescue reports half-yearly results. FMG. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. AUD Net Profit: AUD$4. Latest Posts Look at that longterm indicator, its pointing to 50 dollars and beyond. FMG has shown lows at 19. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. As I have posted several times my guesstimate is by 2030 , the SP will be minimum 50 dollar and meanwhile we can enjoy the fat dividend we are getting from the Iron ore printing money business . "We believe that FMG's mines, due to the lower grade, increasing depth and water/moisture issues, are unlikely to maintain these strip-ratio levels over an extended period. Latest Posts. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 71:. FMG has shown lows at 19. 67c. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 Sentiment: Hold. Join the HotCopper ASX share market forum today for free. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Chanticleer. At least 25 dollars per share. Here's a few points to contemplate 1. share. I dont think this has anything to do with the H gas furphy. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. I dont think this has anything to do with the H gas furphy. FMG revenue of 400,000 tonnes of ammonia should be $300-500 million per year, but margin will be very low, will need green buyers. He is a hard core socialist and and rampant nationalist. 65. Created with Sketch. . 0. FMG has shown lows at 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Share (Adds background, further details, shares) April 24 (Reuters) - Fortescue Metals Group () on Monday posted better-than-expected iron ore shipments in the March quarter, little changed from a year earlier, however its cash costs jumped 12% during the period. ASX - By Stock. 5c ps to Admiral Gina who went on to make $16B from it and making FMG miss out on a whopping $3B in value there while us seamen swam the drink. FMG receives a discount (currently 15%) off the "62% Fe spot price". 65% has a ~15% premium over 62%, expect ~30% premium over 62% for our product. Looks like tommy little boy has gone from resident FMG downramper to international economist in a day after back to back blows. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 10 $17. I dont think this has anything to do with the H gas furphy. Charts. 22 FORTESCUE METALS GROUP LTD - Discussion. 70 on 31 October, not far away from this date now. Commodities. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. FMG has shown lows at 19. 68 ish has been some sort of pivot point in last 3 years (when FMG started to gain traction) either towards lower end or move to higher highs, shorters playing with that sentiment, I am pretty sure they are not targeting manual retailers, they are trying to trigger those softwares which is used by big guns, or big guns trying to get you to believe its the. I dont think this has anything to do with the H gas furphy. ASX - Day Trading. 8. Oct 13 (Reuters) - Fortescue Metals Group Ltd (FMG) : FORTESCUE GREEN HYDROGEN PROJECT SELECTED BY US DEPARTMENT OF ENERGY TO DEVELOP PACIFIC NORTHWEST. 37. 201 BILLION . 00. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 21 final dividend. FMG has shown lows at 19. Join HotCopper today. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. A cash cow in recent years and with iron bridge having started up a massive positive to the company. FMG shares appear to be in a long-term bearish trend confirmed by a falling 200-day moving average. Right now the question is where will FMG bottom out, 4. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Share (Adds details, background, and company statement in paragraphs 2-6) Aug 2 (Reuters) - Fortescue () said on Wednesday Deborah Caudle has been appointed as the chief financial officer of Fortescue Energy, and will assume the role in September. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. Iron Bridge commissioning on the way and we have identified 5 projects (FFI) to concentrate on , which will be announced this year . , page-2. I dont think this has anything to do with the H gas furphy. I dont think this has anything to do with the H gas furphy. The cuts will be across Fortescue Future Industries, a clean energy. Get all the latest Australian and National Stock Exchange company announcements - membership is free. Share. wants to ask tomboy to become new. He would also like the cash. june 23 (reuters) - strategic energy resources ltd () farm-in and joint venture agreement executed with fortescue at canobie ; under deal, fmg may earn 51% interest in canobie project by incurring a$4m in expenditure on explorationThanks smasher3 - As a strong FMG supporter, I thought would be interesting to get others opinion on the dividend I am forecasting around $1. $21. Share. 3% in August. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Join the HotCopper ASX share market forum today for free. Feb 7 (Reuters) - Fortescue Metals Group Ltd (FMG) : AFRICAN RAINBOW ENERGY AND FFI WILL NEGOTIATE THE TERMS OF A BINDING JOINT DEVELOPMENT AGREEMENT. Created with Sketch. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. FMG has shown lows at 19. FMG has shown lows at 19. We have some of the cheapest solar in the world, meaning cheapest hydrogen and can ship around the world to. Created with Sketch. They've already highlighted that there's substantial interest in their product. FMG will follow the crash as it has for a decade now imho. , page-9965. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. And AFs takeovers of Noront and MCR also have NO MILLS or processing plants either involving $1B in capex and MCR has low spec Ni ore that BHP have refused to take but AF has a 76% stake in it now. We would like to show you a description here but the site won’t allow us. 8. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 84B. FMG share price is up 40c to 85. HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. FMG and IPL commencing front end engineering design for conversion of Gibson Island to green hydrogenI invite tweetr fund manager to sauna. I dont think this has anything to do with the H gas furphy. I dont think this has anything to do with the H gas furphy. . 00 (0. Specifically, Rio Tinto's shipping volume reversed from the prior week's growth and dropped by a marked 682,000 tonnes or 12. Would someone much smarter than I am, please provide a guide on what the FV of FMG is at Iron Ore Prices of low ball $120.