Ann: LIT: Binding Agreement for sale of Greenbushes South Lithium, page-44

I continue to hold. But over time I have lightened my position considerably, which is consistent across most of my holdings. But HotCopper masses often can’t understand a holder who is happy to genuinely critique their own holding, so I guess that explains your question when my disclosure has been ‘held’ since January 2021. There are enough bullish voices on here without me needing to pump the tires.

FWIW I think the market cap now is pretty low given the resource upgrade, and perhaps this is a good place to buy back some of my original position. However I’ve also seen lots of stocks out there who have allegedly amazing resources but don’t get the capital to get it out of the ground. There are also many lithium stocks out there and I still can’t quite seem to put my finger on why bigger money doesn’t like Galan. I presume it mostly comes down to timelines - a lot can happen between now and 2025, and as discussed before, from many investor’s perspectives, if brine is less attractive than hard rock, then lithium chloride is even further down that ladder. I did learn only recently that Homansy is also non-executive director of Brookside (BRK), the ultimate ASX meme stock, so perhaps that puts some off?

So… Position: Held; Sentiment: Unsure