I dont mind this Tbh.
my numbers were based on 50/50 and equal capital contribution. Happy to see Alcoa will basically fund this to commercial scale.
Timelines aren't that bad with parallel engineering work for full scale continuing while pilot is going. This is the difference between a realistic project schedule put forward by a major corporate, versus the completley unrealistic schedules usually put forward by microcap asx companies. Reality sinking in.
Long term hold from here.
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Ann: FYI & ALCOA SIGN BINDING JV TERM SHEET FOR FYI HPA PROJECT, page-79
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