“The only problem is the upstream is so strong. It’s not in our...

“The only problem is the upstream is so strong. It’s not in our hands,” Hu said, adding that there might have to be more than one set of negotiations to reach any agreement.

CATL wants to have the upstream in their own hands.

1+1 =2?

First initial stake (like Huayou now has). This will reach all the financial newswires. --> Rerate. --> Drill program --> JORC

I think during drill program other suitors get nervous. This will be fun to watch.

Good luck,
GM