XTC General discussion, page-2204

Thank you for at least being honest about the emotional response.

I'm also deep in the hole on this stock - however I will maintain an objective view instead of dummy spitting.

GLNs market cap was $672m in April 2022. All things are relative.

It's not crazy at all to foresee XTC market cap moving into the hundreds of millions as it defines its resource in Argentina. And I'm all but certain if the SP was sitting at 1c today, you would be of the same opinion.

Once again looking at things objectively - a lot has changed since management came out with the "fast-tracked" rhetoric:

• With Lithium prices
• With our neighbour whom which we are seen as walking in the footsteps of
• With China EV subsidies
• With the broader EV market
• With the Australian economy
• With global markets

You want to point your fingers at management and say "But you promised us fast-tracked!". Wake up, this is the real world. The Xantippe thesis is still alive - we are bearing the brunt of major factors weighing in.

GLN went from a high of 60c in March 2019 to just 12c in November 2020 - undoubtedly many holders would have been 60% - 80% down by this point. Just over 12 months later the price was touching $2.00. That is 20X from the bottom under the right conditions and news flow.