Ann: Notice of General Meeting & Letter to Shareholders, page-19

Excellent point and well made. At the end of the day, we can guess all we want about what’s going on at Galan in terms of financing, permits, and offtake phase 2. But this speaks volumes. High unlikely IMO that JP and other directors would top up so heavily if they weren’t very confident that this would all work out well for Galan.

In terms of timing, I’m very much keeping an eye on the upcoming GM. Directors won’t want to be in a room fully of angry holders who have heard nothing regarding financing, so I think there’s a pretty solid chance of a positive announcement before the GM. Same thing happened at the AGM on 16 Nov - we were all frustrated waiting for news of an offtake and bang - it was announced that morning.

Interesting few weeks ahead I reckon.