@unicrumba
You are out of your depth talking about FYI.
Ecograf is a fantastic company that will continue to generate shareholder wealth with a strategic long term plan in place.
Clearly it's a frustrating time due to the news vacuum. But when news comes a further re rate will come.
The comment made by a previous poster is right, FYI will outperform in the next few weeks should a binding term sheet come to fruition. It will head over a $1. That assumes of course no material news comes from EGR. That doesn't mean EGR won't do well long term as it absolutely will.
If an Alcoa signature comes so will funding with the price Alcoa will need to pay to buy into the HPA for starters.
And that's for the 1st plant only.
IF the anode tech has legs (very early stages as far as an ASX announcement would suggest) then having Alcoa with 1.6 billion in the bank right now wouldn't be a bad thing.
For some of the new anode tech HPA is going to be vital. Not just any HPA - you want the best quality.
Put EGR's graphite and FYI's Kaolin based hPa together and that is one hell of a product.
I don't get the pot shots at FYI quite frankly.
You could choose to partner with worse HPA potential producers such as Altech chemicals. But that's a whole different conversation.
Hang in there.
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