Next Shipment, page-192

After looking at Weihua’s major partner (controller?) Chengtun some more following on from yesterday’s post;( press here to view), I think/hope it is more likely that Chengtun and Shanshan may be in bed Muppet ?
I am influenced in this thinking by the NZC acquisition

04/03/19 on CZN thread see @Yoda perspective “The Chinese do not compete with each other when purchasing foreign companies and quite often a deal is hatched in Beijing for a non affiliated 3rd party to swoop in for the prize.”......

27/02/19 @kynrazor on WFE thread described how Chengtun got NZC by the balls when it was down and out.

27/02/19 see also @mineralised post on NZC noting NZC significant holder Huayou was complicit in/supportive of the Chengtun TO move. (Remember new offtake partner Ruifu, since June 17, has a ‘ cooperation agreement’ with a Huayou susbidiary)

Note also (in yesterday’s post on Chengtun) that Sophie Chen, partner in the Australian legal team arranging the NZC acquisition said “the firm is delighted to act on Chengtun’s first Australian acquisition.”

Anyway seems @phil9 was right ...price has clawed it’s way back from .093c.

Good luck to all and may the Pala palaver prove UN-prophetic!