I have done a little research on who we are dealing with,so hope you all like reading. 1)CICCCChina Investment Corporation (CIC) is an investment institution established as a wholly state-owned company under the Company Law of the People’s Republic of China and headquartered in Beijing. The mission of CIC is to make long-term investments that maximize risk adjusted financial returns for the benefit of its shareholder. CIC was established on September 29th 2007 with the issuance of special bonds worth RMB 1.55 trillion by the Ministry of Finance. These were, in turn, used to acquire approximately USD 200 billion of China’s foreign exchange reserves and formed the foundation of its registered capital. Because its financing is grounded in financial instruments and subject to commercial obligations, CIC maintains a strict commercial orientation and is driven by purely economic and financial interests.
CIC is committed to maintaining the high professional and ethical standards in corporate governance, transparency, and accountability. CIC selects investments based on established investment principles and values. CIC usually does not take a controlling role – or seek to influence operations – in the companies in which it invests. CIC’s fundamental approach is to hold, manage, and invest its mandated assets to maximize shareholder’s value. While every investment is unique, CIC believes in the importance of having a long-term vision and, as a result, it is committed to investing for the long-term. As a commercial investment institution, CIC has full operational independence and makes its investment decisions based on its assessment of economic and financial objectives. CIC’s investments are not limited to any particular sector, geography, or asset class and include equity, fixed income, and alternative assets. CIC is committed to maintaining the highest professional and ethical standards of corporate governance, transparency, and accountability. CIC’s comprehensive three-tiered corporate governance structure includes Board of Directors, Board of Supervisors, and Executive Committee. It is governed by the Company Law of the People’s Republic of China and the company’s Articles of Association and operating guidelines. While it operates with independence and its investment decisions are based on the pure economics of each deal, CIC remains accountable to the State Council of the People’s Republic of China and, ultimately, to the citizens of the People’s Republic of China. Central Huijin Investment Ltd. (Central Huijin) is a wholly-owned subsidiary of CIC with its own Board of Directors and Board of Supervisors. It was established to invest in key state-owned financial institutions in China; it does not conduct any other commercial activities and is not involved in day-to-day issues within the institutions in which it invests.
2) Sinonchem Group is the only central-government-owned company that operates the three major agro-inputs, including fertilizer, seed and pesticide. Drawing upon our advanced techniques, quality products and professional services, we are committed to becoming China’s largest and world-leading comprehensive service provider for agro-inputs, and making contribution to the grain security and agricultural development of China and the world at large. 3)
Luobopy potash corp. From what I can see is a Chinese potash large company with a lot off experience.
4) Quinghai salt lake I will post seperatley is a great read on all the different salt lakes around the world,probably better googling it ,Australia gets a mention.
5) So we have all the big guns on board,CICCC are doing our pre feasibility, A massive Chinese finance company,ready and waiting . Huge amounts of potash experience, And someone to find us a partner ,or investor . This is really being handled well,if they like what they see, We will go for a massive run,this is really looking huge.
And on top of that today's grades are very good,way above cut of grades. Now we let the big boys read this and sit back and enjoy. Only risk I can see is china does not like what they see,but grades are good ,huge land ,rail infrustucture ,and very safe country . I hope it's a no brainer. Sinofert Holdings Limited (Sinofert for short, Stock Code:HK,00297), the fertilizer flagship of Sinochem, is the largest fertilizer supplier and distributor in China. With a complete industrial chain covering upstream resource, R&D, production, distribution and agronomic services, Sinofert plays an important role in stabilizing the domestic fertilizer supply and facilitating China’s agricultural development.
China National Seeds Group Corporation (China Seed for short) owned by Sinochem is a national class seed company in China. With its overall strength taking the lead in China, it is devoted to becoming a company that integrates seed breeding, production and popularization, with number one position in China and top ranking worldwide, promoting the seed industrial upgrading of China.
Sinochem’s pesticide business integrates R&D, production and sale, with its overall competitiveness ranking among the top players in China. In recent years, based on our traditional strength in trade, we continue to enhance the key links of the pesticide industrial chain, so as to provide efficient and green pesticide product and professional services, which makes us the important force that drives China’s pesticide industrial upgrading.
In the future, we will continue to take it as our responsibility to protect the grain safety and to facilitate the agricultural development of China as well as the world, we also continue to enhance the key links on the agricultural industry chain and make our best efforts to become a leading agro-input service provider in the world.
RUM Price at posting:
13.0¢ Sentiment: ST Buy Disclosure: Held