your MD has lost a bit of credibility TBH
the allusion of what was thought to happen with Alcoa verse reality is VERY different. the share price reflects this.
the reason for JV delay was due to a few downstream opportunities 1) this isnt mentioned 2) there is only 1 announced 3) its with FYI largest shareholder ......... is that the reason for delay really ?
Alcoa has you at phase 1 with 35% on their timeline.
time value of money, not sure if you have years to wait to see if they like the experiment.
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