I said this in the past, i wouldn't be at all surprised if Reetecs founder Scatec are coming onboard as a cornerstone investor, and cementing the Norwegian relationship
I remember picking up on Geoff,s enthusiasm as he described Reetec as our cornerstone supply
taken from December ann
REEtec was founded by SCATEC Innovation, a serial entrepreneur in renewable energy and advanced materials
SERIAL ENTREPRENEUR
REEtec Chairman and Scatec Innovation CEO, John Andersen, Jr. commented:
“We are pleased to have partnered with Vital Metals which we consider to be a leading supplier of rare earth concentrate outside of China. We look forward to a prosperous working relationship with Vital,
Vital are forming a 10 yr relationship and i can see them building on this through investment in the Co with a multi generational supply of REE
Cornerstone investor is normally in for the long haul, obviously SCATEC are a very entrepreneurial CO so fingers crossed this is what this CR is all about cementing relationships from a very early stage.
could be wrong
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