Not the one I read, mine was news two days after this director...

Not the one I read, mine was news two days after this director meeting/ resolution.
This is the outcome of the directors meeting for the Yahua group (parent company). They listed the analyst forecast of the supply of lithium will not be sufficient to meet the demand of it ( with some data and stuff) .

It continue a resolution has been passed and a newly created subsidiary will build a manufacturing factory that has two productive line to produce 20000 tonnes per annum of lithium. The cost of the project is estimated to be 9,000,000 yuan. Manufacturing line 1 (10000 tonnes) will be ready late 2018 and line 2 (the. Other 10000 tonne per annum) in 2019. Further blah blah blah in their future estimate profit etc etc.

Imo, they will need to receive 'something' from 'someone somewhere' to get this 20000 tonnes per annum production. Where they get it?

Come to the news I read which was two days after this director meeting.... Yahau in a media conference disclose through subsidiary have potential jv with a company in Aus and another company in Mongolia. And they do not deny the possibility of increase funding to that two projects.

That point to my conclusion, so as long the resource meet the scale, we have the financing sorted for dso or scale up drilling.

Hope my translation make sense.