why dont we have an offtaker announced by now Roly?
I think this is still some way off - in the above video, Raj mentions a new strategy where FYI will make HPA to spec for customers. Up until now, I think FYI has simply been sending potential customers little doggy bags of HPA to show they can make the stuff, but they haven't been making it to spec for clients. Looking back, Roly was probably leaning on Alcoa to do this and hence why he needed to pinch Raj to make it happen when Alcoa fell over. I imagine it is frustrating for holders; as we've seen elsewhere, product qualification can take a very long time because it's so specialist. Other operators have been at it for years and still don't have any offtake.
are FYI just spinning the wheels and unable to get any real traction because Roly can't get it done
It certainly seems like it - most of the eggs were in the Alcoa basket.
starting to think FYI is the wrong horse here
It's not too late to jump on another horse. I don't think there will be such a significant deficit in the future that newcomers won't face a very competitive, aggressive marketplace. IMO, FYI probably aren't up to it and will move into the rare earths.
IMO - DYOR - Good luck
FYI Price at posting:
9.0¢ Sentiment: None Disclosure: Not Held
