RE: parabolic run/price discovery1 Sep 2020 14:47
Could get a full buy out here. Largest shareholder already on 29% and seems to be major collaboration with the Chinese. Dyor
Sinohydro will review the financing requirements for the Project and, subject to satisfactory review, assist in sourcing financing for the Project. Sinohydro acknowledges the experience of, and will work with, the Company's largest shareholder, Suay Chin International Pte Ltd, and in turn Shandong Ruifu Lithium Industry Co Ltd, which operates a lithium carbonate and lithium hydroxide production plant in Tai'An, China and is expected to be an end user of the spodumene product produced by the Bougouni Project;