i see ATC seem quite advanced with their battery pack design and manufacturing plans. meanwhile A4N also have no problem attracting significant government and institutional funding. what the hell are FYI doing?
i can't help but wonder if either ATC have gotten way ahead of themselves with all these plans, or if its actually FYI stuck fumbling around at this testing stage?
if 4N HPA from kaolin for battery separators and coated anodes is so difficult to make and requires all these endless trials and testing and qualification by offtakers that FYI are always tied up with, then have ATC already done all this same pilot and demo scale work? surely they wouldnt be so far along with their project and partner if they don't confidently know they can actually make the stuff at industrial scale?! do they have a pilot plant like ours? are they setting themselves up for a big risk of failure at production and we've got it right?
are ATC just pushing ahead with smoke and mirrors and fake it til you make it strategy, or are FYI just spinning the wheels and unable to get any real traction because Roly can't get it done? or maybe our process just isnt that good and we are still trying to figure it out?
getting a bit frustrated that ATC and A4N can move forward with major partners and funding, yet don't seem to have committed anywhere near the same effort in trialling the process and product manufacturing as FYI.
starting to think FYI is the wrong horse here. i would normally favour this kind of diligent and careful approach, but others ain't buying it. why dont we have an offtaker announced by now Roly? weve been in the same place, or should i say stage (which phase or stage is this again?) for years now. whats behind the curtain??
i think shareholders and thr board need to have a good look at management and find a team that can deliver value. ill be voting no to everything except the company name change.
FYI Price at posting:
9.0¢ Sentiment: Sell Disclosure: Held
