Hope everyone had a great Christmas and not long now until we're into 2022.
Here are the announcements I am expecting to see in Q1 2022. No particular order.
- Pilot Run 2 results
- FID and confirmation of the move to phase 2 with Alcoa (more on that at the end)
- Pilot runs weeks 3 and 4
- Results of pilot runs 3 and 4
- Results of EcoGraf collaboration testing
- Possible offtake on the 1k plant product
Anything else I have missed?
In relation to the more to phase 2 we can only go by the AGM powerpoint slides which suggest this will happen in January.
This announcement will be important as it will provide us with a lot of information.
- Location of the 1k plant
- FYI and Alcoa enter into an unincorporated JV
- Confirmation of the Commercial demonstration facility being built
-The cost of the demonstration facility
- Possible offtake group attached to this demo facility
I think that CAPEX and OPEX improvements will come (Roly has hinted at them many times). The 50m they allocated for phase two for me was overstated so if this comes down it means FYI will get a credit for this.
All IMO of course.
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