The crux of the announcement is that there's still a lot of "if's". Market expected this to be more derisked than what it actually is.
Hoping for some surprise off-takes etc. to be announced. Without any news pending, the lack of news will also have a negative impact on the market.
Hope LTH's are coping alright. Most of you have made exceptional gains anyway the past year, take it easy, it's not the end of the world
Ann: FYI & ALCOA SIGN BINDING JV TERM SHEET FOR FYI HPA PROJECT, page-58
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