Ann: FYI & ALCOA SIGN BINDING JV TERM SHEET FOR FYI HPA PROJECT, page-181

Great comment and analysis. I'm seeing the same way.

Those who expected the price will crash 65% today is unrealistic.

Basically, all we need is to just revalue FYI's (post production) by reducing 15%,

Let's say - my previous valuation/exit point was $2, it'll now be $1.7 (-15% of $2).

Alcoa is a global leader with numerous experiences in HPA so FYI letting them to take the lead is quite understandable. (or even de-risking)

I was winning 20% (yesterday) to 35%loss today. My 5 digit profit is turning upside down so hard to hold my nerves.

Giving up on FYI?

No way!

DFS, ticked. JV signed, all plans in placed. Where on earth we can find such an undervalued stock in a great, high demand sector.

I have grabbed another parcel (20k+ shares) at <>54c this afternoon. Would've done it earlier when it was below or around 50c if I did not need to wait for more cash coming in.

The buying volume is building up so selling will soon fade away.

On another positive note - FYI has never dropped below 30 RSI since July 2019 (24 RSI). Every time it touched down 32 RSI, it'll climb back up in a few days. In afternoon trade, RSI has been moving around 31-32 while the buyers keep building up.

I'd say it again.

The believers will always win.