Ann: International Fund Initiates Strategic Interest in FYI, page-30

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Wilma85

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15/02/21

19:18

Post #: 51008665
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Originally posted by MaryJane55 ↑

Same people whinging about Regal selling and demanding sticky holders be given the next raise are now complaining when they get a serious LT investor. Yes, it's at a discount. As per the terms of the agreement when made. If you had a problem with those terms you should have brought it up then.

These are the kind of serious instos needed to make this project happen. Nobody is investing in a project with a potential a ~1 Billion NPV because old mate on HC owns some shares. If you have 80m to throw into the mix maybe you'll get a discount to market too. This is how these things work. There are plenty of informed investors on here, maybe just ask instead of going off on uninformed tangents at the company/management.

$3m in the scheme of the MC is pocket change, and provides leverage for Roly. To me, this sends a clear message to Alcoa. Don't want to make a move on this? Fine, there are plenty of others who are willing to stump up the cash.

Roly does not need to inform retail holders in detail about his strategy to get this off the ground. I will be holding and if tomorrow people want to sell me their shares cheap, I'll take them happily.

IMO, DYOR

MJ

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Can you elaborate on why Alcoa needed to be sent a message? According to our announcements things have been progressing according to plan – even better, actually.

FYI Price at posting: 43.5¢ Sentiment: Hold Disclosure: Held
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Ann: International Fund Initiates Strategic Interest in FYI, page-30

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