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Message: LAC and Arena

This is a totally appropriate discussion because it involves LAC. I too wonder what the future holds. Ganfeng and LAC are already partners and are planning expansion at CO together. I could totally see an outright purchase of Arena with the spinoff you mention, or just the 100% purchase of the lithium project beside ML. I'd be surprised if this is just an investment because Arena has no experience in developing projects; they're primarily an exploration company as I understand their business model. 

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