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Ann: Half Year Accounts, page-10

  1. canuck81
    1,021 Posts.
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    14/03/22
    22:42
    Post #: 60188375
    Alcoa was going to reimburse FYI $2.1M USD as part of signing the term sheet. The recievable from Alcoa was sitting at $1.1M AUD as at 31st Dec so you're probably right in that the HPA spend has been more than Potash.

    The magnitude of the Potash spend without any prior mention is concerning to me. While fertiliser is currently hot I don’t think anybody owns FYI for its Potash assets. This is meant to be a HPA/battery play. Why are we secretly exploring for Potash?
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    lightbulb Created with Sketch.  Great analysis
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