Our OT partner23 Jul 2019 09:36
A snippet from a post off of HC. Do not underestimate the value in our OT partner chaps.
Since then I have researched and found out a lot more about the company. The company is still trying to secure raw materials for their factories in Shandong. If course they are looking for cheap source of supply. Binding MOUs with AJM for 5 years, 45,000 per annum. Signed with CXO which has literally very small quantity. Now invested 29% in Kodal, secured 2 tenements we applied for. Shandong is like NSW very dependent on their factories for their economy.
Ruifu Lithium is more powerful and influential than we give them credit for. I researched their website, position in the lithium industry. Ruifu is the vice president of the lithium association. The fact that such a group is able to secure this position is because of state equity backing. Important personals visiting Shandong also visit the company.