Ann: Resignation of Non-Executive Director, page-35

An example of a Chinese company making an early stage investment in a company through exploration development stage and then taking it out prior to production? Pan Aust Resources is at least one I have been involved in first hand...

There are numerous examples, especially across Africa, and resources companies in Oz... I am not suggesting that Gangfeng has a history. But this is a pretty standard risk when you accept Chinese money as investment...

Gangfeng may not want to own or run lithium mine, but they are in the business of making $$$$ the same as everyone else. If the investment metrics stack up and they already own 40% plus 100% off take of the materials, it is definitely a possibility SH can't ignore....