FYI hold all the cards FYI owns the kaolin deposit, shovel ready, JORC reserve, all approvals in place FYI owns the pilot plant which had produced 5N before the MOU FYI has the land in battery alley FYI had instigated negotiations, product testing etc with multinational potential offtake partners Alcoa wanted a quick way into the HPA industry.
I agree Alcoa will look after it's shareholders, so will FYI, from all I've heard the JV will be mutually beneficial.
FYI Price at posting:
82.0¢ Sentiment: Buy Disclosure: Held
