Ann: FYI Resumes Control of HPA Project, page-205

Looking at this report, they are still spruiking the HPA project as if nothing has happened in the last two years. The simple fact of the matter is that FYI and their project have been studied, reviewed, investigated and thoroughly tested by Alcoa over an extended period, and then this multinational, probably the "go to" company in the world for anything to do with Aluminium refining, has decided to pull out of the project altogether, and have nothing further to do with it, or with FYI. What sort of financial institution is going to give FYI any development money to further investigate HPA, let alone $250m capex, given this history ? They just don't seem to get it. Its over guys ! The horse has bolted, and the stable door is lying off its hinges. No point in re-decorating the stable now !

All IMHO, DYOR