Ann: Galan Move to 100% Title of Candelas Project, page-23

I originally thought selling Candelas at current stage would be a good idea to help the funding of HMW and potential development of Greenbushes. However, GLN is now proving they have the expertise (and that is constantly being confirmed by JP with the hire of ex SQM people, a very critical point for me) that they can take not only HMW to production but also Candelas. Or at least develop it. Why sell Candelas now if you can take it to at least a DFS and sell it a premium to either one neighbour wanting to increase their footprint in the area or a new comer. Because it's now obvious that all the big miners cannot ignore lithium anymore and Twiggy but also RIO and BHP have clearly advised they were in hunt for lithium projects. Then you have auto makers starting to make moves like GM with Lithium America.

We already have a PEA for Candelas so DFS could be available some time next year, it should be a bit faster as the HMW DFS would be fresh and a lot of learnings from that could be applied to fast track Candelas DFS.

I think GLN is one of the most frustrating yet exciting stock in the Lithium space. I know when "it's too good to be true, it's usually not" but the next few years should be very rewarding, and God knows how much we deserve it after hanging there for so long. I haven't sold any GLN shares in the last 5 years and have been constantly averaging up, just wish i had as many shares as @spovend