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Who is CATL direct competitor in the battery /cathode market....

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PASBOZ

4,655 Posts.

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28/02/19

11:14

Post #: 37600269
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Originally posted by Deboss ↑

Hi @Scarpa ,

Thank you for the contribution.

I have checked, and AVZ’s company secretary is not allowed to comment on Bin Guo associations including CATL.

However independently you can check company records for Lithium Plus (LP), and somewhere here someone posted an ASIC link concerning LP.

The main docs show that Bin Guo is Chairman and secretary and is sole holder of shares to the value of $1000 AUD. The “registered addresses” are a Lawyer’s firm. His actual address is in Sydney. I note he was born in China Shaanxi, 1971.

This Lithium Plus Pty Ltd is a shell company and it apparently has equity too in CXO……….. I believe within a month or two of being established in Australia.

So LP is a precocious shell company. BIn Guo has a PhD in Geoscience from Macquarie University, works at a senior level for Mining One headquartered in Melbourne (office in Beijing too) and worked for Citic Securities before that……… as well as SRK consulting but not presently in any official sense not, when SRK was commissioned to do the report.

The fact that AVZ mentions Bin Guo as a NAL Director in AVZ’s announcement of completed funding but does not include mentioning outrightly the battery maker CATL, for example, ‘CATL’S NAL Director’ may well indicate AVZ’s further direction to omit any statement directly connecting CATL to Bin Guo.

Considering NAL is owned by CATL and with all intention at time of its IPO submission just weeks before LP was registered, I find it a bit odd to not state the Canadian Era if mentioning NAL directorship is of value for AVZ.

Therefore IMO, this could or should indicate as well that this is not a private going concern of Bin Guo’s alone, instead it’s rational to claim he set up the company to operate at arms length for himself and for CATL and or its subsidiaries to function through…… Time will tell.

As we know SRK compiled a report for AVZ, and it was bilingual. I did hear that this report was made on the back of a China/ Chinese group making such a report with SRK for their own due diligence.

It’s fair to say, as you also indicate, CATL NAL Director Bin Guo’s Lithium Plus invested with a lot of knowledge about AVZ Manono.

Whether it’s his actual personal investment vehicle or operates as a fund we can’t ascertain in an official sense. But, we can deduce that CATL’s NAL directorship in Bin Guo, noting CATL’s SARLU with an express focus in Manono (see CATL IPO at start of this thread), is likely another Trojan Horse moment, like MINOCOM.

All IMO & DYOR

Expand

Who is CATL direct competitor in the battery /cathode market.
Korean LG CHEM with established links to commence battery cell production in INDIA.

Puts Huayou Cobalt in an interesting position with its JV with LG CHEM and representative on the board of AVZ.
Anyone know if he has voting rights ,if not can he be asked to leave conflict of interest discussions?

Should CATL make an offer for AVZ will they allow supply to Huayou Cobalt/ LG CHEM considering its expansion and supply contracts.
All the positive reports of production commencing end of 2020 and yesterday FID implies confidence that funding will be available to commence mining ???
ALL IMO

AVZ Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
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