HPA from Kaolin in WA Massively undervalued...potential multi bagger!, page-3

I agree the market cap of FYI is extremly undervalued regarding the chances. Pilot plant is on the way to be completed.

You have to take into consideration that noone build a pilot plant on a base kaolin HPA transfer strategy at least to my knowledge.

I think this is also a reason that it takes a little longer than expected (improvement of process and parameters) but the engineering team from gres and FYI are making a value creating step to prove that it will work.

Regarding the earning possibilities it is very easy

financing of about 200 Million USD must be achieved and revenues after taxes of 100 Million USD should be achieved when the plant is built and ramped up.

BFS still has to be completed

also take into account possible by products that will generate additional revenues

lack of supply of HPA

Interesting next months