The competitors have so many shares we spend sand by the sea!There is an compelling contest coming up for later this year: both Alpha HPA and FYI Resources are proposing to come out with their feasibility studies for HPA production. Andromeda is also taking part in this competition but seems a little behind as they are suggesting to release their DFS by mid 2020.
Altech is a black box –at least to me and Pure Alumina seems to have just dropped the baton.
Alpha (Shares 550 million) is valued at >AUD$ 100 Mio., Andromeda (Shares approx. 1.50 billion) despite it’s earlier stage (Scoping Study) is currently at AUD$ 73 Mio. and FYI?
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* interview with FYI, page-35
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