Ann: Corporate Update, page-343

A post from one my contacts,

Read and my question is if they don’t like the DRC, then that could great news for AJM, as they may be here looking to TO a mine?
If not this is still interesting information on this company’s view....

Here it is below.....

Had an interesting chat with some Mitsui (Japanese company wih 39billion AUD market cap) directors and managers in their Perth office the other day regarding EV and lithium.

Against the popular of opinion of the group (and mine), their opinion was that Nickel would most benefit over the long run from EV’s. They also went out of way to emphasise the difficulty of dealing with the DRC and they think it is just as hard, if not harder to work with DRC then with North Korea. Perhaps this won’t be an issue for popular companies in the DRC like AVZ, 4ce etc as most of their interest tend to come from China but it was interesting to note however.

They are looking for opportunities to invest within the EV industry however it is not a priority for them atm as there are still question marks on whether the EV movement will end up on top.