Ann: Notice of General Meeting/Proxy Form, page-52

Interesting read the BDO report.
A bit light on Spain as being a tad unfriendly to mining companies. They have active members of parliament harassing shareholder registers.
https://www.miningweekly.com/article/spanish-parliament-rejects-motion-to-make-mining-approvals-more-difficult-2022-07-01

Somehow they have concluded that because it has Lithium exposure it is an advantage.....but i'm pretty share if you wanted such an exposure investors would jump on to a pure play on the ASX with a signed off-take.
It would have been better if they had researched on recent transactions in the ASX.
With Spain every time a project is close and heads towards their PFS, the NGO's jump on and drag the processed through the court.
https://www.earthisland.org/journal/index.php/articles/entry/locals-are-fighting-a-lithium-mine-in-spain/
A long read, use keyword "infinity" to have a scroll through.

If they looked at similar deals in the recent time on ASX there have been 100% acquisition of perspective lithium tenements for ~$600,000 in script, in WA. In other words if their plan was simply keep a tenement to remain listed, it would be better to acquire something either closer to home, or something back in Greenland make use of the accumulated tax losses.

A combination of the consolidation, then with the 0.5 cents increments sink the share price; and vend in the Lithium Project at a sky-high price, and DM and Co would be laughing all the way to a Singaporean Bank. It's almost like magic beans when you think about it; why on earth would investors vote to overpay for such a tenement? when there are clearly a lot of options available.