"The largest market historically by far has been 4N."
Management conservatively modelled the DFS on placing only 4N product into the market. If we can place even just a small percentage of (our planned production) 5N product into the market the metrics of the project will become even more robust. The potential to grow into the higher-value HPA markets is very exciting.
I haven't been an FYI shareholder long but already I am down 25%. Of course I'm not happy about the paper loss, but I'm very comfortable with the investment. My investment timing wasn't ideal but I'm confident in my research. I was expecting to average up on news but might look to average down on market weakness – I'll see what the market gives me.
The fundamentals of the company and project are outstanding. That doesn't mean it'll be a great stock but I believe it tips the odds in our favour.
Good luck fellow holders and prospective holders.
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