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4.92%

6.4¢ cadoux limited

They are in RnD phase... still significantly over priced...

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Flight82

426 Posts.

48

17/11/21

18:20

Post #: 57650139
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Originally posted by Balduran: ↑

For me, the enterprise lacks a solid footing until the FID for phase 2 is signed. The SP is afloat, and justifiably so. It may nudge up, it may drift down - bobbing along with the swell until real progress is made and this long step sideways is over with. Substantial SP growth is unlikely to occur until then. Equally important is this being achieved in a timely manner, with Alcoa exhibiting a real urgency to get the ball rolling on demo plant construction.

A binding offtake agreement prior to this offers perhaps an exception, however I would expect such items to follow the phase 2 FID.

Anyone can do the financial projections and see the strength of FYI's position in 1-2 years if the Alcoa partnership progresses favourably. The short term pain has been felt and must now be endured before the long term gain kicks in.

I suspect those investors currently watching from the sidelines are waiting for some operational momentum to be built and for the intent of the venture to be assessable, as opposed to waiting for the SP to drop even further - after all, $0.35 is a steal if all goes according to plan.

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They are in RnD phase... still significantly over priced here..... Where are all the pump merchants??????

FYI Price at posting: 36.0¢ Sentiment: Sell Disclosure: Not Held
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Last 6.4¢		Change 0.003(4.92%)		Mkt cap ! $23.48M

Open	High	Low	Value	Volume
6.2¢	6.5¢	6.2¢	$5.801K	92.51K

Buyers (Bids)

No.	Vol.	Price($)
1	1630	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	2893	1

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No.	Vol.	Price($)
1	1630	0.063
1	72667	0.062
1	100000	0.061
3	370000	0.060
2	150772	0.056

Price($)	Vol.	No.
0.064	2893	1
0.065	8926	1
0.066	10000	1
0.070	552629	8
0.074	9415	1

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