"There is nothing to suggest that the JV will not be go ahead."
You may be correct, but there's no confirmation that the JV will go ahead either. Despite what's been said here on HC, the market doesn't seem to hold a positive view of FYI's future. That's why the SP is sitting in the 20's having lost three quarters of its value in the space of 7 months (87c to 23c). Do you really think that's simply because Roly didn't do a good job explaining what the future holds for FYI ?
All IMHO, DYOR
Ann: Investor Presentation - Brisbane Mining Conference, page-137
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