Ann: Strategic Partnership Agreement Executed with Yahua, page-626

It's a valid question but we are in the small caps.

Not much is proven which is why their MC is so low, risk high and reward high. If you want to buy a company that has everything proven, then you buy the big end of town with less risk and less reward. All up to your R/R appetite.

For me, Having worked in billion dollar global firms, they don't just invest in companies without their DD which takes months to years. They have exhaustive plans and for Yahua, Trigg Hill is just the first to kick things off.

They need huge amounts of the resource and even if Trigg was loaded up to their eyeballs (or not), its still not enough. This is why they want to use EFE as an investment vehicle to acquire as much as they can get their hands on to satisfy their customers demands. This is an arms race between Yahua and their competitors with the global demand for lithium ever growing. You blink, you lose here and Australia has loads of the stuff.