If FEL = phase, that would mean that for us the all the "preliminary" (FEL-2) work would be the demo plant and the end of phase three would be full plant? So the FID hurdles have been placed along the FEL stages, which from what I understand are the usual "gates" for progression. Makes sense if you are looking at things from the perspective of Alcoa, which we probably should be at this stage.
That would be more bullish on timelines than I was expecting, and makes some more sense of what Roly mentioned in an earlier proactive where he talked about the two plants being developed concurrently (not sure if this was the actual language used, can anyone help here?)
Be good if anyone form AGM could clarify re FEL/Phase.
Nice to see the FYI HC community back on track and helping each other understand the risks and opportunities a little better rather than arguing with trolls.
IMO, DYR
MJ
FYI Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
