But if we actually do the phase 3 calculation, the 35% share of $194m is ~$68m... Of which Alcoa will contribute the first $68m of FYI commitment.
Seems they are basically saying is that an outlay of $12.5m in a $244m project is basically nothing.
The more people are posting the more I am understanding why this sold off so aggressively.
IMO, DYOR
MJ
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1 | 32606 | 0.061 |
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