Totally agree @adam387 due diligence is complete and contractual agreements are in place for mutual benefit to Alcoa, FYI and us as shareholders. The tech is proven and if the pilot plants produce at designated targets; Alcoa and FYI have a partnership that may eventually provide majority share of global HPA supply. The weight of upside to this agreement is far greater then the potetentail downside spruiked by the 'merrygoround' crew. Everyone has their perspective but to keep it very simple I have focused on these facts:
The tech works Pilot Plants are funded FYI HPA production will increase incrementally Gobal HPA demand is and will continue to grow
What does this mean for FYI holders and the SP? Time will tell, but my bookie is paying good enough odds to firmly spark my interest!
GLTAH
FYI Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held
(20min delay)