Ann: FYI Signs MOU With Alcoa to Advance HPA Development, page-55

https://www.fyiresources.com.au/media/files/20191009-FYI-Successful-completion-of-trial-production.pdf

First trial run done Oct 19 - used to validate the process -- success and the numbers are below and in the PFS. The second run was for more stock, and to further engineer the process, According to the DFS - the FID is due by the end of the year. It wouldnt surprise me if we run another test run with the influx of cash now after the raise.

https://www.*.co.uk/companies/news/908906/fyi-resources-exceeds-target-grade-in-pilot-plant-trial-run-908906.html



DFS numbers.... SO this was released in March 2020



And we produced 320kgs over a two week period. Or rather 160kgs per week of running the plant.

I hope they just do a 99.999% run or even 99.998% or something just to see how much they can produce in a week rather than testing the process and getting a mix of high numbers.