The time line is suspicious. Started drilling on 15/09, exercised the acquisition on 19/09, and Yahua placement on 27/09. I can image that someone in the BOD had multiple video calls with Yahua/Yongxing's technical team when they see the crushed powder. And the spodumene partner, Yahua decided to take the placement. The odds for spodumene is higher than lepidolite.
Ann: Strategic Placement to Yahua and Equity Raising, page-93
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