Ann: FYI Resumes Control of HPA Project, page-108

The share market is very odd indeed. FYI gets along nicely and then gets smashed by announcing that have done a deal with Alcoa. More ground work has been done and they are a lot further down the road than when FYI was capped at $270m+, but yes the market in battery/EV materials has corrected badly since. Now that they have announced the deal is off they get smashed again... logic doesn't seem to hold much water in the equity markets these days. Anyway FYI are valued at $27m today (with $10m in the bank) seems like a very attractive opportunity to me especially when comparing FYI to companies in the same sector.