FYI News: FYI Resources (ASX:FYI) Is In A Good Position To Deliver On Growth Plans - 18th Jul 2023, 3:36pm

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Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse.

Given this risk, we thought we'd take a look at whether FYI Resources (ASX:FYI) shareholders should b...

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