2022 - General Discussion, page-312

From Fosters Stockbroking daily update:

Encouraging news from HPA developer FYI Resources (FYI) as it achieved 99.999%, or 5N, purity HPA, completed its pilot plant trial phase, and returns to progressing the engineering phase of its project. The joint trials with Alcoa have yielded ‘outstanding’ results, with weekly improvements to product grade up to 5N purity. Tests have gone so well, the final week of joint trials won’t be required, and move to progress to commercialisation with work to focus on finalising the engineering. We have a Buy rating and a $1.19 PT.