I don't think we will have to wait long for the hydroxide announcement as I think @luanboo's insights may well be correct and we will see the jv mou turn into a jv agreement before the EGM in Singapore on July 11th.
'Notice that the placement to Jiangte is conditional while the placement to Galaxy is not. The placement to Jiangte is subject to shareholder approval due to SGX Catalist rules on placement to existing SSH (significant shareholder). However, the timing tells me something. EGM for the shareholder approval for Jiangte placement should be mid-end Jun-2019 and coincides with the timeline for the JV agreement finalisation. In my opinion, the 2 activities are linked. No JV, no placement. Hence, I believe this significantly increases the chance of the MOU becoming a JV agreement.'
https://hotcopper.com.au/threads/ann-hydroxide-jv-mou.4732438/page-98?post_id=38630309
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I don't think we will have to wait long for the hydroxide...
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