Excellent.
This is what people miss about an organisation like Alcoa. Technically they do not have to proceed with the project until the FID's, but reputation wise to their shareholder base, its is not that simple.
In the preso black and white - "Major activities". Major for Alcoa, but worthy of a halving of MC for FYI? Please.
IMO, DYOR
MJ
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Ann: FYI & ALCOA SIGN BINDING JV TERM SHEET FOR FYI HPA PROJECT, page-556
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