Asculpeous feels more sorry for the speculators in A4N -don't own the IP -making precursor which a competitor may produce(it may be in FYI's flow sheet or come off on a side arm) -no agreement with Orica -high cash burn rate -no binding off-takes -no ESG
They are good at making vases that are out of fashion.Perhaps there is a market for high-end fish bowls
The Alcoa FYI JV won't stop at 12000 tpa-they will aim to be world leaders!
The great irony is that A4N has no plan to make 4N HPA! What a pivot by Rimis that the market hasn't woken up to yet. Fly away while you can!
FYI Price at posting:
53.5¢ Sentiment: Hold Disclosure: Held
