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Ann: FYI & ALCOA SIGN BINDING JV TERM SHEET FOR FYI HPA PROJECT, page-18

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    The likelihood of Alcoa walking is very minimal imo and if/when it proceeds we are fully funded. No other peer is in that position.

    Split not as good as I would like and I would have liked to see US plans mentioned.

    Other than that giddy up. We are on our way to being the market leader. FYI/Roly has just done a Steven Bradbury and taken FYI from last to first.
 
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