Ann: Operational & Financial Update, page-234

It has been worth re-reading the announcement dated 4th December last year titled, "Equity Investment and Strategic Cooperation and Offtake MOU, with Sichuan Hebang Biotechnology".

I understand the Yellow Phosphate operation will require a large amount of green energy (e.g. Solar). In the announcement it also stated:


From further research, it is obvious Hebang has much more capability than I thought. Here is a small subset of my research, showing that Hebang has the capabilty and the funds to successfully partner with Avenira to make the Yellow Phosphate Operation a winner for all shareholders.

https://www.yicaiglobal.com/news/china-hebang-soars-on-scoring-usd27-billion-order-for-solar-wafers-from-royal-green