AGES 2019 Core Lithium presentation, page-47

hi Brumbies,
One of my friends worked in M&A & investment deals for China/HK, in several occasions mentioned the standard small investment is Aud$ 50 million, more generally is $100 + million (disclosure: we were discuss Australia economy, would Asian investors/ traders speculate in ASX)
Our placement raise was therefore peanuts (but a lot $ to many of us)
The ‘divorce’ fee for Meidu/ Ruifu Is relatively cheap according to some analysts.
Meidu/ Ruifu may have the money to invest.. My concern are (1) While they are busy internally, are they willing to burn a candle on both ends (time, effort and attention). Meidu/ Ruifu may have been dragging us along all these time. (2) Those articles mentioned that the cause of ‘divorce’ is the actual annual production is way below the promised target (no explanation of the reason).. something doesn’t sound right but I don’t want to speculate on what is it.... The two above are my rationale behind my preference to steer away from them