FYI News: We're Hopeful That FYI Resources (ASX:FYI) Will Use Its Cash Wisely - 1st Sep 2022, 10:04am

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We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com?

So should FYI Resources (ASX:FYI) shareholders be worried about its cash burn? In this report, we will consider the company's annual negative free cash flow, hencef...

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