Encouraging news from HPA developerFYI 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 withAlcoahave 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.
FYI Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
