Can you please discuss the significance of you recent announcement with strategic investor Shanshan? Shanshan is the largest lithium battery components manufacturer in China. What that means is that they produce the anode and cathode material for the Li batteries. They are a major consumer of lithium carbonate and are trying to secure a steady supply of the stuff for future growth. They estimate huge growth in the sector and have a very aggressive agenda to increase their market participation. The private placement we completed with Shanshan late last year was an indication of their interest in our properties. We are now working on developing a more involved partenership with them and the Institute of Salt Lakes (ISL) whom they sponsor. ISL is a university with over 40 years experience in the brine processing field and will be an integral part of our project going forward.
I'm afraid this is a very very long term hold and in some years this will not be a 0,05$ stock we can have a PLUG effect in the next 3 years....
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