CATH is the key partner and adds to the credibility of AVZ in...

CATH is the key partner and adds to the credibility of AVZ in the eyes of DRC - great foresight by AVZ

Probably dreaming but connecting the dots

1) CATH is a private investment entity jointly owned by Mr. Pei Zhenhua and Contemporary Amperex Technology Co. Limited (CATL)

2) CATL's recent agreement with several strategic customers, including NIO (NYSE: NIO), Li Auto (NASDAQ: LI), Huawei and Zeekrinclude that CATL will settle a portion of the price of power battery supply with car companies at a rate of RMB 200,000 ($28,970) per ton of lithium carbonate for the next three years. Car companies signing the partnership will be required to commit about 80 percent of their battery purchases to CATL, according to the report.
- that is confidence by CATL in Lithium pricing, supply and demand

2) Admittedly peanuts considering CATL market capitalisation ($AUD250B) and Pei Zhenhua net worth ($US9B) but CATH just cashed up - selling $AUD601m worth of shares in PLS in Feb 2023 when they exited their profitable investment in PLS ($AUD555m profit from 2019 purchase).

CATH maintain their offtake agreement with PLS, but now have money to move to AVZ for Manono development if needed.

Maybe...