If JV with Alcoa drops then FYI is pretty much derisked at the stroke of a pen. FYI might hit $1.50 to $2 in next to no time. Alcoa has deep pockets full of money - so I’d expect MOU’s, construction (maybe 1 plant initially) to follow rapidly. Hard to put a final figure on FYI’s eventual share price but likely to be multiples of current share price.
IMO DYOR
$$ What if the ALCOA/FYI JV Goes ahead $$, page-3
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