Ann: Non-binding MOU executed to build & operate hydroxide plant, page-94

Today's announcement states: 'European Lithium Limited (ASX: EUR, FRAF8, OTC: EULIF) (the Company) is pleased to advise that it has signed a non-binding Memorandum of Understanding (MoU) with Obeikan Investment Group
(Obeikan) to build and operate a hydroxide plant in Saudi Arabia for the 100% owned Wolfsberg Lithium
Project (Wolfsberg, Wolfsberg Project) in Austria."

Why with Obeikan?

This is what Obeikan does.





That's it. So again, why with Obeikan? Even their diversified investments have no hint of familiarity with the complexity of building a hydroxide plant.