Ann: FYI & ALCOA SIGN BINDING JV TERM SHEET FOR FYI HPA PROJECT, page-301

Cheers Spid81,yeah on Saturday morning I checked the tradegate aktie site and it came up at .449c and as was pointed out to me this was not right so I googled another site and realised the correct German price was much lower and in line with the ASX price.Furthermore I do think there may be a few twists in this story yet to come as I agree with your comments of giving away such a large % ownership of the project without any certainty for the future business.As I posted after being corrected about my post yesterday am not sure what to think in regard to why it took this long to come to this end agreement,exclusitivity period for how long? which it seems backed Roly into a corner not being able to negotiate with any other parties and therefore the pressure and expectation was so high that in the end was too late to walk away and go it alone. Unfortunately my gut feeling is one of two scenarios that either Alcoa played it out as the deal maker with the Royal Flush and has screwed Roly over with promises promises and then the final take it or leave it or Roly has sold out for a well paid position with less responsibility and pressure not to forget Alcoa has already got the high profile links to so many supply lines.Can’t help but feel it’s the first scenario case and if so I do feel a little sorry for Roly.Will be interesting when they announce their location site for the plants and what might become of the EGR/FYI link. Don’t forget that Andrew Spinks sold some shares in EGR when he could have sold some of his FYI shares ???