Project CAPEX and Working Capital Comparisons, page-86

I nearly choked on my weet-bix this morning when I saw 2b shares.
At 300m soi, FYI will have the same amount of cash as ADN once the 1.2c options are converted, approx $10m
After 12 months of being completely ignored by the market, FYI is slowly gaining traction now and imo will have a market cap closer to $150m-$200m before they draw on any capex. The GEM was signed when the market cap was $10m and I'm very confident more favourable funding arrangements and options will be available for this tier one project & I also 100% agree there's no competition between the ADN & FYI