Slightly off topic, but could the delay in announcing the JV be because the two parties can't agree on the commercial terms? A small company dealing with a huge multinational one are unlikely to have similar motives or timeframes for that matter. The decision making process for FYI is a few people sitting around a table. For Alcoa I would imagine that dozens of people in dozens of meetings would be needed. And no big deal if the small fish gets away now, we can always swallow him up later. The delay is getting to me a bit, but then I have been on board since 2010 when FYI was a uranium explorer, so I am not a quitter, but I am starting to think it ain't going to happen, and I 'm on about 5 bags now, which I would rather not lose.
FYI Price at posting:
54.5¢ Sentiment: Hold Disclosure: Held
