Ok I am cutting short my self imposed hiatus already! But things...

Ok I am cutting short my self imposed hiatus already! But things have escalated over the weekend clearly in Australia so I thought I'd put a few comments out there.

@setfire2thehive welcome aboard and appreciate your comments. Great buying at current levels you have done well to build a position at current levels.

The market is in for a rocky ride for the foreseeable future but as has been stated previously the fundamentals here are unbelievably good so people just need to stick to their guns in unprecedented times like these. I believe FYI can't really go any lower than we are now at an 8m market cap and we are only here off small volume. From a market perspective, as we know nearly every stock is getting smashed at the moment.

I have been told it's all systems go still with FYI (as best we can in the current climate) and clearly like every other company we are facing the same challenges of social distancing, lockdowns etc so we are navigating through this.

From a marketing point of view a lot of the investor roadshows nationally have been cancelled due to social distancing rules and travel restrictions so again, this has affected all companies wanting to participate in these type of events. However these roadshows won't stop it just means they will be run online via webinars. So effectively FYI will still be presenting but it will be online like other companies will be. And those that would normally attend in person will obviously watch online to listen to the investment opportunity pitched to them. So let's keep an eye out for when FYI will be presenting and if anyone hears of anything let us know!

We will also more frequently doing Proactive investor updates. Not going to change the world... but better than nothing.

I know the raising of capital has been discussed. A great point has been put forward on this in that I don't think we will need to raise at a discount - it could even be a premium to today's price. Reason being this is not a high volume stock and it is very hard to take a meaningful position without moving the price a lot. I know investors who as much as they like the FYI story aren't investing as a result because they can't get there 1 - 2 million shares at current levels. But for someone or an entity who likes the story it's the perfect time for them to say to Roly, we're in at such and such a price and they get their position at a price they (and FYI) are happy with.

As far as progress of our milestones coming up. We have sent some samples off and are awaiting feedback on those. We are still waiting to refine HPA for our potential number 1 customer. Nothing has changed here. I've been told the demand for HPA hasn't changed from those parties we are talking to. Remember we are a few years from them being able to get the HPA so the coronavirus will be well past us by then but they will still be keen to lock in their

Financing and offtake discussions would be continuing by phone, email and videoconferencing. Roly would have met all of the key people he is looking to do deals with previously you would have thought, so that face to face relationship would have been initiated previously and discussions can continue and be refined.

Ongoing expenses at the moment would be at an absolute minimum.

If I had a dollar for every time the company said they are doing R&D (Research and development) this and R&D that I'd be a wealthy man. But have a look at the quality and level of detail in our DFS (and PFS for that matter) vs that of ATC and A4N. I firmly believe this is the work that will get us over the line. The key is to get the grade and type of HPA (size,shape) your customer wants. Not just announce grades. And this is exactly what FYI have done and are continuing to do right now. For example, depending on if the use if for the separator between the anode and cathode in a battery, to an LED, to scratch proof glass among many other uses, there are differences in the type (and grade) of HPA required. We are doing all the work on this. Our competitors aren't, as far as I can see and they just talk about the 9's.

Again with ATC, they have an offtake SALES agreement with Mitsubishi. It's not a genuine offtake agreement. They have committed to taking all of ATC's HPA to sell to customers. My question is, who are these customers and what research and development (R&D) are they doing to get the right 'type' of HPA for their customers. Good luck finding any info on this. They are too busy building sheds and pouring slabs with the money that they have.

I also want to point out my posts are not meant to belittle A4N and ATC, I am just stating facts. I wish them all the best and genuinely hope all three HPA companies are successful and with the right business model there is no reason they can't be. But the market cap gap if growing smaller between the three and unfortunately it's not because FYI's market cap is going up.

FYI are doing the pre work which takes time and then the rest will fall into place. The time part frustrates us all but it will pay off, IMO.

All in all, we are in for rocky times in the market for how long we don't know. But the fundamentals have not changed here.

If you still believe the FYI story stick to your guns and probably best not to keep clicking the refresh button this week as the market is going to face it's challenges.

GLTAH.