FYI 6.67% 4.2¢ fyi resources limited

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

  1. 487 Posts.
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    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

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Mkt cap ! $8.936M
Open High Low Value Volume
4.5¢ 4.7¢ 3.6¢ $206.6K 4.874M

Buyers (Bids)

No. Vol. Price($)
1 4999 4.1¢

Sellers (Offers)

Price($) Vol. No.
4.5¢ 150000 1
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Last update - 16.10pm 23/09/2019 (20 minute delay) ?
-0.003 ( 11.1 %)
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4.5¢ 4.6¢ 3.6¢ 477040
Last updated 15.57pm 23/09/2019 (live) ?
FYI (ASX) Chart
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