Hi Westcott, the key is the word ANYBODY !
...“So we were determined to get those licences before we concluded a deal with anybody"...
The Hanlong deal was terminated in early April. (Now I know what's meant by 100% done deal in the absence of competition).
On May 14th we got this in the ASX small cap presentation.
Focus on China
• CITIC Securities
• Satori Investments
Focus on India
• Ernst & Young
• PCF Capital Group
Focus on ‘Rest of World’
• UBS
and lead advisor
numbers indicates holders holding tight, page-58
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