FYI Resources Limited (ASX:FYI) managing director Roland Hill updates Proactive Investors on the commissioning of the high purity alumina (HPA) pilot plant at Kewdale, Western Australia.
Hills says the plant is crucial in the development of the Cadoux Kaolin Project and he is happy with the way the project is progressing.
The company also recently announced a capital raising for about $811,000, through the issue of 16.22 million shares at 5 cents per share.
Price: 0.395 AUD
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FYI Resources Ltd's (ASX:FYI) Roland Hill caught up with Proactive's Andrew Scott after announcing they've received firm commitments to raise up to $6 million through a strongly supported placement to sophisticated and professional investors. It'll go towards advancing its strategy of producing...
