I guess the upshot of the whole thing is that Avenira now have two substantial share holders (nov last yr) plus landholders and government on side. In only 6 months (since being a shareholder) hebang have completed a feasibility study for a YP plant and solar plant, it appears at their cost which should be with the company by months end.
a YP plant is much more sustainable than a dso operation. So what’s stopping Avenira now with shareholder drive (being the shareholder that completed a feasibility in 6 months) from getting this plant up and running asap.
hebang I think are building a big chemical plant in Indonesia as well so they have form to get things done.
i would also expect something similar around the lfp plant.
Ann: Operational & Financial Update, page-147
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