If JV with Alcoa drops then FYI is pretty much derisked at the stroke of a pen. FYI might hit $1.50 to $2 in next to no time. Alcoa has deep pockets full of money - so I’d expect MOU’s, construction (maybe 1 plant initially) to follow rapidly. Hard to put a final figure on FYI’s eventual share price but likely to be multiples of current share price.
IMO DYOR
If JV with Alcoa drops then FYI is pretty much derisked at the...
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