CCM 0.00% 6.2¢ cadoux limited

Ann: FYI HPA Pilot Plant Trial Delivers, page-118

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    "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.
    Last edited by Wilma85: 29/10/20
 
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