In today's ann, they still gave the Alcoa cash contribution as US$242m out of US$257, which is the same as that required for the 1000tpa demo plant, plus the full scale plant. Also, in the Alcoa presentation from 20 Jan 2022 posted by canuck81 (# 58995116), the demo plant is clearly mentioned at the page bottom, and US$50m is allocated in 2022. If there's been any change of plan, it must be very recent. I'd find it very hard to believe that Alcoa would make such as presentation, then abruptly change direction to having no demo plant. Nevertheless, I'd say it is now essential that FYI clarify these issues to the market.
All IMHO, DYOR
FYI Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
