Ann: RIU Update Presentation February 2018, page-5

from this statement,
"Argentina ‐ Lithium and Cobalt Projects – Negotiations with potential Joint Venture partner nearing completion"
---------------means CG is still negotiating with several potential partners, "nearing completion" means we might be facing a real CHANGE of the whole company, maybe the whole management will be restructured or whatever, all depends on the real JV.


"Latin Resources strategy is to be fully funded via joint ventures for project exploration and development"
---------------means we don't actually need a new CR unless CG couldn't find the suitable JV partners in the short term, but this UNLESS won't be possible because of the "JV Partner nearing completion" as CG stated.

DYOR