Running discussion on SP, page-6361

So Huayou bought their big placement at 7c and they have options at an exercise price of 10c before April 2019.

Does anyone really think they will just write this all off as a loss and give away a significant stake in what is likely the worlds biggest hard rock Li deposit? I don’t think so. They will be part of a deal when it comes either as part of a JV or they will want a good return on their investment if it’s a TO.

China clearly sees Lithium as a strategic mineral to their grand plans and the government itself will make sure this Tier 1 asset is secured even if they land bank it for a period.