“The second, or optimised, phase is currently being retained for internal review and will be sent to EAG shortly.“
Based on previous lead time of 27 days, we should expect assays of second phase in 2 weeks.
The first phase yielded an average of 99.991. 3 of the 6 batches being 99.99+ and 3 are 99.987.
Did someone ask Roly whether these 6 batches were kept intact as separate samples and were they actually sent to prospective customers? Or are we waiting for assayed 2nd phase and send them all together? Or perhaps mixed them for an even or average grade above 99.99%
If I were Roly, with fyi at $9m mcap and sitting at the basement, I’d be giving all the ‘bad’ news now if any in full transparency of what’s happening before all the good news. It’s no good going into $100m only to fall back down to $10m.
I’m positive about the PP but FYI is not telling in details what hey plan to do with phase 1 assayed product. If we’d be as transparent we will find out if the customers will definitely reject 99.987. I wouldn’t be afraid to have it tested unless the customers tell FYI beforehan they don’t want to test the sub 99.99 batches
Thoughts ?????
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